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Showing 41 - 50 of 2103 results for "This Week"

TelstraSuper members caught off guard by Direct Access closure

JAMIE WILLIAMSON  |  TUESDAY, 25 NOV 2025
... happy about it. Last week, TelstraSuper informed members that Direct Access would be closed to new investments from this week. The fund said the decision followed a comprehensive review as part of its merger planning with Aware Super. The two funds signed ...

Ditch cash, curb emotionally led investing: Expert

KARREN VERGARA  |  FRIDAY, 21 NOV 2025
... their money, a behavioural finance expert said. At the Financial Advice Association Australia (FAAA) Congress in Perth this week, Greg B. Davies, the head of behavioural finance at Oxford Risk, said reluctance is a major factor behind people's decisions ...

Prevention of Shield, First Guardian-like events the focus from here on: Mulino

MATTHEW WAI  |  THURSDAY, 20 NOV 2025
... to that of the victims, while simultaneously making the Compensation Scheme of Last Resort (CSLR) more sustainable. This week, the CSLR revealed that the estimated sub-sector levy payable by the financial advice industry in FY27 will be $126.9 million ...

First Sentier Group to combine investment affiliates

JAMIE WILLIAMSON  |  THURSDAY, 13 NOV 2025
... Investors and FSSA Investment Managers back together. FSSA Investment Managers will take over Stewart Investors' funds this week, First Sentier Group said. The decision follows the departures of David Gait, Sashi Reddy and Sujaya Desai in August. Upon ...

Aware Super, Barings spin-off BTR portfolio

MATTHEW WAI  |  THURSDAY, 13 NOV 2025
... portfolio into a standalone brand named WeAreLiving, aiming to grow the platform to $2 billion in the next five years. From this week, an initial seven BTR buildings will be represented by the new WeAreLiving brand. Barings will continue its role as ...

Hume's super sharing bill lashed in parliament

ELIZA BAVIN  |  FRIDAY, 7 NOV 2025
... Amendment (Tackling the Gender Super Gap) Bill 2025 sparked a wave of backlash during its second reading in the Senate this week. The bill, which seeks to allow spouses to split superannuation annually during the accumulation phase, suffered major pushback ...

Norway wealth fund told to pause ethical divestments

JAMIE WILLIAMSON  |  THURSDAY, 6 NOV 2025
... is halting ethical divestments until its guidelines, unchanged since 2004, are reviewed. Norway's parliament earlier this week voted to pause ethical divestments by Norges Bank Investment Management while it updates the fund's ethical guidelines. The ...

Chris Marco sentenced to prison over $34m fraud

MATTHEW WAI  |  FRIDAY, 31 OCT 2025
Convicted Perth fraudster Chris Marco had his sentence handed down this week, after being found guilty following a five-week trial in September. The Supreme Court of Western Australia has sentenced Marco to 14 years imprisonment, with eligibility for ...

Unclaimed super pot hits $19bn: ATO

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... their employees' superannuation at the same time as their salary and wages. The reforms were read for a second time this week with Treasurer Jim Chalmers saying they would help stop "disreputable" employers from exploiting employees. The Super Members ...

Tech concentration in super a major concern: APRA

ELIZA BAVIN  |  THURSDAY, 30 OCT 2025
... regulatory agencies including the Council of Financial Regulators." This comes after Amazon Web Services (AWS) apologised this week for a massive global outage. Many large financial institutions in Australia use AWS, including Macquarie Group, NAB and ...