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Showing 581 - 590 of 2598 results for "WAI"

Fin365 to build one-stop-shop for financial firms

MATTHEW WAI  |  MONDAY, 16 JUN 2025
The Victorian-based software solution company for financial services has acquired Qwrk Outsourcing to formulate a one-stop-shop for outsourced services as demand grows. Qwrk was founded in 2010 as a paraplanning firm that transitioned into a full-suite ...

ASIC reads the riot act to the super industry: Longo

ANDREW MCKEAN  |  FRIDAY, 13 JUN 2025
ASIC chair Joe Longo has hailed the superannuation industry's $4.1 trillion war chest, which is larger than the ASX's total market capitalisation, as an impressive achievement. But for all its size and influence, Longo reinforced at the AmCham Regulator ...

ASX offloads interest in Digital Asset

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
The Australian Securities Exchange (ASX) has sold its shareholding in Digital Asset Holdings, the firm it partnered with in 2016 to build the doomed CHESS replacement. The sale price is approximately $57 million, with a pre-tax gain of about $42 million ...

Super tax requires a 'holistic' review: ASA

MATTHEW WAI  |  FRIDAY, 13 JUN 2025
The Australian Shareholders' Association (ASA) is urging the federal government to reconsider the proposed terms on the Division 296 superannuation tax. The super tax has received mixed opinions since its announcement, but the Labor government has insisted ...

Nuveen reaches $650m in commitments for local RE debt strategy

MATTHEW WAI  |  THURSDAY, 12 JUN 2025
The $1.3 trillion asset manager has received $300 million from the Canadian Pension Plan Investment Board (CPP Investments) for its Australian real estate debt strategy. CPP Investments has contributed $300 million through CPPIB Credit Investments ...

Inheritance dissatisfaction an advice opportunity: Report

MATTHEW WAI  |  THURSDAY, 12 JUN 2025
Most high-net-worth (HNW) inheritors are unhappy with how they have used their inherited capital, presenting an opportunity for financial advisers. As the $3.5 trillion great wealth transfer kicks off, Capital Group surveyed 600 HNW individuals across ...

Aussies feeling FOMO on private markets: Survey

MATTHEW WAI  |  THURSDAY, 12 JUN 2025
Investors are afraid of missing out on opportunities in private markets, but many are hesitant about the asset class for one reason. Natixis Investment Managers' survey of over 7000 investors around the world found that a third (32%) of Australian ...

Rest appoints chief member officer

MATTHEW WAI  |  WEDNESDAY, 11 JUN 2025
The $93 billion superannuation fund has named a chief member officer, taking over from August 25. Rest has appointed Simone Van Veen as chief member officer, taking over from general manager, brand and member experience Andrew Ford who stepped in as ...

Treasury welcomes new leader

MATTHEW WAI  |  WEDNESDAY, 11 JUN 2025
The Secretary of the Department of Finance will make history as the first woman to lead Treasury, commencing June 16. Jenny Wilkinson will replace Steven Kennedy, who is taking on a new role of Secretary of the Department of the Prime Minister and Cabinet. ...

GESB to roll out premium changes

JAMIE WILLIAMSON  |  TUESDAY, 10 JUN 2025
GESB is making a range of changes to its group insurance offering, reducing some premium rates and implementing premium waivers for some members. From July 1, certain types of insurance will see premium reductions; GESB offers death, TPD and salary ...