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| | | Acenda has launched a new insurance benefit, Total Permanent Disability (TPD) Severity, in response to a significant surge in claims, particularly for mental health and musculoskeletal conditions. According to the life insurer, there was a 166% increase ... |
| | | | Hostplus has blasted Lendlease over its governance of the $2 billion Australian Prime Property Fund - Industrial (APPFI). The $130 billion super fund has been attempting to oust Lendlease as the manager of the APPFI and instate Mirvac in its place. ... |
| | | | Aware Super will own 49% of the new US logistics platform, with Goodman Group to own the remaining 51% stake. Goodman Group will also provide comprehensive asset and property management services to the platform. The platform consists of three logistics ... |
| | | | HESTA has reduced investment fees across its ready-made investment options in the last financial year and announced a lower minimum balance for accessing Income Stream products. The investment fee reductions were across HESTA's top four ready-made ... |
| | | | Communications roles have exploded in the financial services industry this year, while the number of product management roles on offer is beginning to rise. That's according to Kaizen Recruitment's Marketing Salary Guide FY2025-26, which also found ... |
| | | | ECP Asset Management has promoted Justin Warton to partner, where he will continue to oversee the ECP Global Growth Fund. Warton joined ECP in 2021 as a principal in investments, prior to which he spent seven years at First Sentier in several investment ... |
| | | | UBS Asset Management has decided to terminate the 33-year-old UBS International Share Fund, noting the fund is not at an "optimal size" to continue. The fund is to be terminated on or around October 21. "After analysis of market conditions and investment ... |
| | | | ASIC has permanently banned a former financial adviser after he was convicted for defrauding family and friends out of $4.5 million. Anthony Joseph Del Vecchio served as a financial adviser for Freedom Finance Australia from November 2016 to October ... |
| | | | About three years ago, robo-advisers, one by one, began dropping like flies. The likes of Six Park, Upstreet and Advice Intelligence either folded or were acquired. Even Ellerston Capital's ethically based robo-adviser, which launched in early 2023 ... |
| | | | FINSIA chief executive and managing director Yasser El-Ansary has announced that he is stepping down at the end of the month. FINSIA president David Cox celebrated El-Ansary for his significant contributions to the company during his tenure. "He led ... |
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