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Showing 51 - 60 of 38095 results for "Year"

Generation Life snags super fund's head of risk

MATTHEW WAI  |  TUESDAY, 26 MAY 2026
... recruiting from Aware Super. Norlena Brouwer is joining the annuity provider as chief risk officer, after spending over a year as head of business risk and compliance for enablement, transformation and performance at Aware Super. She brings close to ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
APRA's funding levy will rise by 4.2% to $253.3 million for the 2027 financial year, Treasury estimates show, with superannuation funds expected to cover one third of this charge. Split across the sectors it regulates, APRA apportioned $81.2 million ...

Rodney Forrest re-sentenced for $3m insider trading

ELIZA BAVIN  |  MONDAY, 25 MAY 2026
The Federal Court has re-sentenced former investment manager Rodney Forrest to five years and three months' imprisonment following his appeal for insider trading and procuring others to trade in more than $3 million of Platinum Asset Management shares. ...

LGT bolsters investment bench

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
LGT Wealth Management has expanded its investment leadership team with two senior appointments aimed at strengthening its capabilities across private markets and sustainable investing, as high-net-worth clients increasingly seek more sophisticated and ...

ATO sounds alarm as Payday Super deadline nears

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
... Clearing House on June 30. The ATO said it would adopt a "reasonable and practical" compliance approach during the first year or implementation, focusing enforcement efforts on employers deliberately avoiding obligations rather than businesses making ...

AFCA appoints lead superannuation ombudsman

VINNY VUCAGO  |  MONDAY, 25 MAY 2026
... Heather Gray, who had served as lead ombudsman superannuation since 2020. Woodburn commenced in the role on May 25 for a five-year term, bringing more than two decades of experience across superannuation, funds management and financial services, spanning ...

ASIC, APRA target insurers' TPD product sustainability

KARREN VERGARA  |  MONDAY, 25 MAY 2026
... two weeks, with 23% taking more than six months to complete, in comparison to 1% in death claims for the same period. Last year, ASIC investigated AustralianSuper for sitting on death benefit claims that exceeded internal targets of four months. Most ...

Unit trusts FUM 'plateaued': Rainmaker

MATTHEW WAI  |  MONDAY, 25 MAY 2026
... returns, "as the segment's minor negative flow would have meant FUM plateaued." ETP, on the other hand, had a total gain of 32% year on year ($69 billion), Rainmaker said. Of the total increase in FUM, 21% came from net flows and 11% from market gains. ...

Charter Hall updates FY26 guidance amid strong insto appetite

MATTHEW WAI  |  MONDAY, 25 MAY 2026
... continues to drive equity flows and sustained earnings growth." Looking ahead, Harrison said FY26 is set to be the strongest year of capital raising since inception despite recent changes to capital gains tax and negative gearing brought forward in the ...

ASIC backs Australia's fintech edge as AI reshapes financial services

VINNY VUCAGO  |  FRIDAY, 22 MAY 2026
... Australian startups raised more than $5 million in venture capital funding in 2025, making it the country's third strongest year on record a placing Australia behind only France and Germany in growth since 2018. ASIC also highlighted Australia's strong ...