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| | | Australian exchange-traded fund start-up ETF Shares will accelerate its push into the local market following the appointment of Will Taylor as chief operating officer. Taylor, who landed from Global X, will report to chief executive Cliff Man and oversee ... |
| | | | Netwealth chair Tim Antonie, who's served as chair of the wealth management platform since February 2021, will retire from the board at the end of August. Antonie's successor is a former Future Fund board member who was appointed as an independent non-executive ... |
| | | | Syfe, which recently acquired Selfwealth, has raised more than $80 million to fund its Australian expansion which will focus on the mass affluent market. Syfe has raised $81.5 million (US$53m) in support of its Australian strategy, the bulk of which ... |
| | | | ... issue each day," WAM said. "A lack of indexation on the $3 million means that 8.1 million Australians, or half of all current superannuants, will be captured by 2053 due to the impact from 'bracket creep'." While there is more work to be done, WAM says ... |
| | | | ... a surveillance of private credit funds operating in wholesale and retail private markets, aiming to better understand current disclosure, distribution, conflicts of interest, valuation, conduct practices and use of ratings. "This will be supplemented ... |
| | | | The National Minimum Wage and all modern award minimum wage rates will increase by 3.5% on July 1. The minimum wage is currently $24.10 an hour and, following the Fair Work Commission's decision today, will rise to $24.95 an hour. This equates to a ... |
| | | | Perpetual has named a new head of credit and fixed income, and a deputy portfolio manager of its flagship trust. Vivek Prabhu has taken over the reins as head of credit and fixed income, extending his 20-year tenure at the organisation. The announcement ... |
| | | | Allan Gray chief investment officer Simon Mawhinney has sounded the alarm that the Australian stock market is dangerously concentrated, with the 'Hateful Eight' companies - the big four banks, Macquarie, Wesfarmers, Goodman Group, and Aristocrat - racking ... |
| | | | ... FUM. "... and we are optimistic this could grow materially in the coming years based on our expanding product range and current due diligence discussions," O'Connor said. Regal also sees great potential for organically growing its local business, he ... |
| | | | Zurich Financial Services Australia has appointed a new head of claims excellence for Australia and New Zealand from Suncorp. Currently serving as head of complex natural hazard home claims at Suncorp, Morris Garsin will join in August to drive Zurich's ... |
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