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Showing 611 - 620 of 28995 results for "PRI"

ASIC returns $40m of CFD losses

ELIZA BAVIN  |  TUESDAY, 20 JAN 2026
ASIC has secured the return of nearly $40 million to more than 38,000 retail investors as it continues to drive substantial compliance improvement across Australia's contracts for difference (CFD) sector following a whole of industry review. CFDs ...

APRA names super, life insurance lead

ANGELIQUE MINAS  |  TUESDAY, 20 JAN 2026
APRA has appointed Jane Magill as executive director for life insurance, private health insurance and superannuation (LPHIS). Leaving her previous position as executive director of general insurance and banking (GIB), Magill will fill the role recently ...

Alexis George to retire, new AMP chief named

JAMIE WILLIAMSON  |  TUESDAY, 20 JAN 2026
Alexis George is stepping down at AMP, with chief financial officer Blair Vernon named as her successor. George will retire from executive roles on March 30, bringing to an end more than 30 years in financial services. George joined AMP in August 2021 ...

Spain plans sovereign wealth fund launch

JAMIE WILLIAMSON  |  MONDAY, 19 JAN 2026
Spain is launching a sovereign wealth fund to extend the stimulus of the NextGenerationEU funds that saw it through COVID-19. The new fund, to be named 'Spain Grows', will primarily invest in sectors like artificial intelligence (AI), digitalisation ...

Active fund managers endure fee pressures, dominate mandates: Study

KARREN VERGARA  |  MONDAY, 19 JAN 2026
Active fund managers continue to face fee pressures but still ensnare a large chunk of major mandates, a new study from institutional investment consulting firm Callan shows. San Francisco-based Callan's 2025 Investment Management Fee Study drew on ...

Oxfam calls for net wealth tax

ELIZA BAVIN  |  MONDAY, 19 JAN 2026
The average Australian billionaires' wealth grew by almost $600,000 a day in the past year, or over $10.5 billion collectively, Oxfam research found. Globally, billionaire wealth jumped by over 16% in 2025, three times faster than the past five-year ...

MWL complainants given $100k in lead decision outcome

MATTHEW WAI  |  MONDAY, 19 JAN 2026
The Australian Financial Complaints Authority (AFCA) has finalised its review of MWL Financial Services' lead decision, confirming the business, which is in liquidation, did not act in the complainant's best interest. In December, AFCA unveiled the ...

Trump imposes tariffs as Greenland bid escalates

ELIZA BAVIN  |  MONDAY, 19 JAN 2026
US President Donald Trump has escalated his bid to acquire Greenland, imposing additional tariffs on European allies. The 10% tariffs on goods from Denmark, Norway, Sweden, France, Germany, the Netherlands, Finland and the UK is effective February 1 ...

BlackRock, State Street see assets climb

RIDDHIMA TALWANI  |  MONDAY, 19 JAN 2026
BlackRock's assets under management (AUM) have hit US$14 trillion in the fourth quarter ending December 2025, while State Street reported a 20% jump in its AUM. BlackRock's boost in assets follows a record US$698 billion of net inflows for the full ...

Laws to limit US pension plans' use of ESG pass

JAMIE WILLIAMSON  |  FRIDAY, 16 JAN 2026
... expectations in a changing world. It does not encourage investment managers to sacrifice returns, or seek lower target returns," the PRI said. Some of the anti-ESG bills introduced in US states have sought to boycott private financial institutions that ...