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Showing 61 - 70 of 20599 results for "BEN"

Union calls on RBA staff to reject pay offer

VINNY VUCAGO  |  MONDAY, 22 JUN 2026
The Finance Sector Union (FSU) has urged Reserve Bank of Australia (RBA) staff to reject a proposed wage deal, arguing the offer fails to keep pace with inflation and risks driving skilled employees from the central bank. The dispute centres on a proposed ...

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |  MONDAY, 22 JUN 2026
... Partners from 2020. Under his leadership, funds under management grew from around $1 billion to nearly $6 billion. Meanwhile, Ben Davis, who was with Zenith for nearly 22 years, recently left Ascalon as head of private markets. Davis is now the head ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
HSBC Bank Australia has been hit with a $35 million penalty after admitting to widespread and systemic failures in protecting customers from scams. Following a Federal Court hearing in Melbourne on June 18, Justice Bennett handed down the penalty and ...

FinCap launches private markets platform targeting wholesale investors

VINNY VUCAGO  |  THURSDAY, 18 JUN 2026
... supported by institutional research, due diligence and governance frameworks. FinCap head or portfolio and investment solutions Ben Davis said the platform was created to address a longstanding gap between institutional and wholesale investors. "Private ...

Channel Capital and Fidante to merge

ELIZA BAVIN  |  THURSDAY, 18 JUN 2026
Challenger announced it has entered into a binding agreement to merge its multi-affiliate funds management business, Fidante, with Channel Capital. Under the agreement Fidante will become part of the newly formed entity Channel Group and will be led ...

Capstone joins forces with PictureWealth to form $22bn FUA planning network

MICHELLE BALTAZAR  |  WEDNESDAY, 17 JUN 2026
PictureWealth Group has inked a landmark deal with national advice licensee Capstone Financial Planning, forming a combined business with 360 financial advisers and $22 billion in funds under advice. Prior to the announcement, PictureWealth Group was ...

HESTA launches campaign around super tax benefits

MATTHEW WAI  |  WEDNESDAY, 17 JUN 2026
The super fund is launching 'Super Saturday' to help those that are missing out on the advantage from super tax benefits ahead of the end of the financial year. According to HESTA's research, based on a survey of 437 members in May 2026, more than half ...

IFM lifts stake in Atlas Arteria to 40% after upping offer price

RIDDHIMA TALWANI  |  TUESDAY, 16 JUN 2026
IFM Investors has raised its stake in Atlas Arteria from 34.5% to 38.3% in an on-market stock purchase, just a day after it raised its offer price for the toll road operator to $5.10 per security. This takes IFM's total share in Atlas Arteria to 39.6% ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
The prudential regulator is lifting the governance bar for superannuation funds and insurers with proposed changes to CPS 510, launching a consultation as part of its endeavours to stamp out 'poor practices'. APRA has laid out revised draft ...

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
The ability to remain resilient and manage liquidity pressures amid severe, multi-dimensional stress scenarios is an area of focus that APRA and ASIC want superannuation funds to improve. Recent roundtables hosted by APRA and ASIC heard the importance ...