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Showing 601 - 610 of 10996 results for "Account"

Life insurers report another profitable quarter

KARREN VERGARA  |  FRIDAY, 30 MAY 2025
The life insurance industry appears to have moved past its loss-making years, reporting a $332 million profit at the end of March, new APRA figures show. About $5.7 billion was generated in insurance revenue, marking a 3% rise from the December 2024 ...

Aware Super recruits Marsh McLennan risk specialist

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
Aware Super is bolstering its risk management and compliance team with a senior hire from Marsh McLennan, the global risk and insurance giant. The $200 billion industry fund has appointed Norlena Brouwer as head of business risk and compliance for enablement ...

Aware Super beefs up sustainability team

ELIZABETH FRY  |  THURSDAY, 29 MAY 2025
High-profile ethics and impact manager Desiree Lucchese has joined Aware Super as the reporting manager for climate change and sustainability. In her new role, Lucchese will blend technical expertise with change management to serve as a liaison across ...

Quality over quantity: CareSuper on mergers

JAMIE WILLIAMSON  |  THURSDAY, 29 MAY 2025
The dust has barely settled on the merger that created CareSuper as it is today and chief executive Jason Murray is gearing up for another in mere months - but he's not looking to make a habit of it. On November 1, CareSuper and Spirit Super finalised ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
The country's financial services regulator unveils its 'capacity building' plans as sustainability reporting becomes a mandatory requirement for small to large Australian businesses - but it was its passing update on greenwashing as an enforcement ...

Coalition names shadow treasurer, financial services minister

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... to a position of unity and said the focus is now on Anthony Albanese. Littleproud said holding the Labor government to account is important to democracy, adding that "we've laid the foundation stones of a Coalition that can move forward..." Association ...

ASIC sues former director of crypto platform owing nearly $60m

MATTHEW WAI  |  THURSDAY, 29 MAY 2025
... an investigation in January 2024 and found that Guo facilitated a withdrawal of over $333,000 from a Blockchain Global account to buy shares for the benefit of a family trust associated with Guo's family. Guo has also made separate transactions of up ...

Industry funds feast, retail funds snack, corporate funds freefall

ANDREW MCKEAN  |  THURSDAY, 29 MAY 2025
... funds command $1.49 trillion, retail funds hold $798.3 billion, corporate funds, which have reduced to four entities, account for $36.4 billion, while SMSFs sit at $1 trillion. Total superannuation assets hit $4.1 trillion, up from $3.9 trillion a year ...

Large penalties against super funds are appropriate: ASIC

ELIZA BAVIN  |  THURSDAY, 29 MAY 2025
ASIC commissioner Simone Constant told Financial Standard that many super fund trustees have taken accountability for not meeting their requirements to members, know they need to improve and accept the penalties that are brought against them. However ...

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
... fund offers a "balanced and flexible" exposure to Australian real estate private credit through La Trobe's 12 Month Term Account and US-mid market corporate private credit via its US Private Credit Fund, which was developed in collaboration with Morgan ...