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Showing 601 - 610 of 17105 results for "Billion"

APRA flags growing trustee complacency on retirement strategies

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
... found that the ongoing wave of members entering retirement would mean an estimated rise of retirement products from $575 billion to $3 trillion in 20 years' time. To deal with this, Cole said, trustees will need to be prepared to manage the significant ...

More suitors line up for Iress

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... In 2021, private equity firm EQT tried to take over Iress by offering $15.91 per share, making the deal worth nearly $3 billion. The two parties walked away when they were unable to agree to a transaction.

Super funds to double UK, EU investments over next decade

RIDDHIMA TALWANI  |  FRIDAY, 17 OCT 2025
... funds are expected to more than double their investments in the UK and Europe over the next decade, reaching around $660 billion. A report commissioned by IFM Investors and Super Members Council, and produced by Mandala Partners, noted that Australian ...

ASIC targets potential vertical integration in managed accounts

KARREN VERGARA  |  FRIDAY, 17 OCT 2025
... adviser receives a management fee, Deloitte said. ASIC's closer examination of managed accounts comes as assets hit $256.24 billion at the end of June, according to IMAP and Milliman data, growing annually by 25% in FY25. This is in line with the regulator ...

ART names new chair

ELIZA BAVIN  |  FRIDAY, 17 OCT 2025
... stepping down as chief executive of ART in September, with Kathy Vincent taking on the top job on October 1. The $330 billion super fund said Anderson made a personal decision to return to Sydney, just 18 months after joining. "At ART, we recognise the ...

Regal Partners revamp sees promotion

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
... record quarter of inflows of $723 million for the three months to 30 September 2025, taking total Group FUM to over $20 billion. Seric joined the Melbourne-based investment house and non-bank lender as Head of Distribution Wealth Management in early ...

Fidante partner hires from WTW

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
... affiliate in February, underscoring its ambition to bolster its alternatives capabilities. Fulcrum, which manages $12.6 billion and specialises in liquid alternatives macro strategies, has created the chief strategy officer role to provide strategic ...

Future Fund recruits energy heavyweight

ELIZABETH FRY  |  THURSDAY, 16 OCT 2025
... team. Stuart landed from the ASX-listed energy infrastructure business APA Group, which has a portfolio of more than $27 billion of gas, electricity and renewable assets. At APA Group, Stuart served as general manager in the corporate development and ...

Early release of super for dental, IVF spikes in FY25

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
... today shows another spike in Aussies applying for early release of their superannuation for dental treatments. About $1.37 billion was released from the super system on compassionate grounds for medical reasons, including treatment and transport, in ...

BUSSQ streamlines product offering

JAMIE WILLIAMSON  |  THURSDAY, 16 OCT 2025
The $7.4 billion industry super fund has consolidated its accumulation products into one as part of a multi-year simplification strategy. BUSSQ has historically had two accumulation phase products for members in BUSSQ MySuper and Premium Choice. The ...