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Hostplus slams Lendlease over $2bn fund

ELIZA BAVIN  |  TUESDAY, 30 SEP 2025
... telling investors not to attend, well knowing, that the APPFI quorum requirements are dated and inappropriate." Lendlease will now keep control of the fund by default due to the two failed attempts to conduct a meeting. Hostplus has also called for changes ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... people should consider going to you for other services," Worn notes. King says: "Behind the scenes, it's coming to fruition now how much super funds haven't invested their money in very simple things." "They pay expensive fund managers to try ...

La Trobe has two of three stop orders lifted

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
ASIC has withdrawn restrictions on two of the three La Trobe Financial funds that were halted last week. The two funds now reopen to investment are the 12 Month and 2 Year Accounts of the La Trobe Australian Credit Fund. In addition, La Trobe Direct ...

RBA says ASX has 'considerable work to do'

ELIZA BAVIN  |  THURSDAY, 25 SEP 2025
... several key items, such as fixing code and increasing memory, that will improve the resilience of the core system. And we are now progressing plans for various workarounds that should further improve contingency arrangements," she said. "Transforming ...

Inflation rises 3% in August

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
... target 2-3% range. "On the first part of our mandate, inflation has fallen substantially since the peak of 7.8% in 2022 and is now within the 2-3% target range," Bullock said. "The higher interest rates over that period helped to put downward pressure ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
... notion," he said. With advanced investors looking for stable investment opportunities, Sims said "sophisticated investors now have a 40% exposure to private markets, and retail markets are invested by less than 1%". Rahmani agreed that more exposure ...

Former Income Asset Management staffer embezzles $1.5m

KARREN VERGARA  |  TUESDAY, 23 SEP 2025
... cleared and resolved." However, some 200 transactions are yet to be finalised and still under review. The ASX-listed firm has now sought orders to preserve assets and obtain information to support its investigation from the Federal Court. "The matter ...

Australian Retirement Trust chief executive steps down

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... committee and enterprise leaders, and with an expanding cadre of grandchildren growing up faster than I anticipated in Sydney, I now need to be closer to them and devote more time to our family." Fraser thanked Anderson for his contribution to the fund. ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... all the issues raised in the report are things Frontier has been working with its super fund clients on for several years now, having been informed by its own independent review of the private credit sector, both overseas and at home. Meantime, the Financial ...

Unprecedented US M&As a boon for Australia: BGA

KARREN VERGARA  |  MONDAY, 22 SEP 2025
... firms are focused on M&As in their own backyard at the moment. "Part of the reason they're very domestically focused right now is with the deal volume in wealth M&A today. Because of the model that they have in the US, there's tremendous efforts ...