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Showing 41 - 50 of 271 results for "Aspiration"

Aware Super chair named governor-general

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
Samantha Mostyn has been confirmed as Australia's new governor-general after Prime Minister Anthony Albanese's recommendation was approved by King Charles III. Mostyn said she was honoured by the appointment and was ready to serve with "integrity ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
Allowing Australians to draw from their superannuation to purchase a home will not solve the affordable housing crisis and would potentially lead to higher property prices, a new analysis from the Association of Superannuation Funds of Australia (ASFA) ...

Fund manager awards custody mandate

KARREN VERGARA  |  TUESDAY, 20 FEB 2024
A $16.6 billion fund manager has named Citi Securities Services as its new custodian and fund administrator. Ausbil Investment Management awarded the mandate following incumbent custodian NAB Asset Servicing (NAS) exiting the market. NAS has referred ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
ASIC deputy chair Sarah Court has reaffirmed that the corporate regulator is targeting member service failures, greenwashing, and inappropriate fees and charges, cautioning the superannuation industry to lift its game. At an industry event, Court said ...

Bell Financial Group welcomes group head of sales

CASSANDRA BALDINI  |  MONDAY, 20 NOV 2023
Bell Financial Group (Bell FG) appointed Craig Saunders to the newly created group head of sales role, effective immediately. According to Bell FG, Saunders will focus on expanding the group's footprint in the intermediary and broking segments of ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
... continued importance of the Age Pension. ASFA interim chief executive Leeanne Turner said: "It offers a retirement aspiration which is fit for purpose, paving the way for a future where all Australians can approach retirement with confidence." "As drafted ...

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
Colonial First State (CFS) has scored a wealth platform and managed accounts mandate with a large financial advice firm. Viridian Advisory, which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
Regal Partners will acquire 50% of Taurus Funds Management for an upfront consideration of approximately $28 million cash. The transaction will increase Regal's funds under management to $8 billion and is expected to complete in early November. Established ...

Calastone appoints new local head

ANDREW MCKEAN  |  WEDNESDAY, 1 NOV 2023
Global funds network Calastone has internally promoted an executive to serve as the new head of its Australian and New Zealand operations. Effective today, Marsha Lee will succeed Teresa Walker, who stepped back from the business at the end of October. ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
First Australians Capital (FAC) managing partner Benson Saulo wants to see financial institutions come to the table and back the Indigenous business sector. Ahead of the launch of FAC's Catalytic Capital Impact Fund which aims to support Indigenous-led ...