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Performance test review to allow funds to 'innovate'

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
... measures of performance. The performance test has been an important part of the way super does business for half a decade now, it exists as a tool to help members make good decisions about where to put their money and to ensure that underperformance ...

Allianz Retire+ streamlines business, trims workforce

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
... left Allianz Australia Life Insurance and Allianz Retire+ after he was appointed as chief executive in July 2021. Kane is now the acting chief executive. "By streamlining certain aspects of our business, we are able to dedicate greater resources to product ...

ATO bares teeth at dentists pushing early super access

JAMIE WILLIAMSON  |  TUESDAY, 26 AUG 2025
... approved amounting to $526.4 million. This is close to eight times the amount that was paid out for the same reason in FY19. Now, the tax office has said it is increasingly hearing about health practitioners encouraging or advising patients to access ...

Future Group calls on super funds to push for bold emissions target

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... leadership. " As an investor, what we understand is that capital markets move where opportunities are. So much capital right now is flowing into the disruptors, not the disrupted. Global companies, big technology companies like AI companies in the US ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... comprehensive financial data set." Before joining CBA, Allen spent over a decade at Colonial First State Global Asset Management (now First Sentier) where she held the role of senior analyst in the Economic and Market Research team. In addition to Allen's ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... lead responsibilities for the Global Emerging Markets All Cap and Indian Subcontinent All Cap strategies. Doug Ledingham is now the lead manager of the Asia Pacific Leaders and Asia Pacific All Cap strategies, while Nick Edgerton is the new lead for ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
... partnered with Technotia Laboratories to develop a new superannuation system based on machine learning. "This initiative is now in its final stage and is expected to allow the Praemium Superannuation Fund to leapfrog competitors in terms of flexibility ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... time." As first reported by the ABC, there are 200 investors that have about $33 million stuck in the fund. "Cache said it was now trying to sell two of the 11 Pharmacy4Less franchises the scheme invested in to recoup some of the money for investors," ...

Grattan calls for large scale tax reform

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
... tax system. "Where we landed was that there was a lot of support for trying to put a structure around the work that we will now do as a government in a consultative way, collaborative way, to really try and address three objectives in the tax system," ...

Canaccord Genuity buys Wilsons Advisory

JAMIE WILLIAMSON  |  THURSDAY, 21 AUG 2025
... growing its wealth management business and enhancing its capital markets capabilities. It added that its national footprint will now be significantly larger, with greater presence across New South Wales, Victoria, Queensland, Western Australia and South ...