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| | | New insights from Rest Super highlights the ongoing impact of the "motherhood super penalty", with women continuing to fall behind in retirement savings due to time out of the workforce and reduced earning capacity, the $100 billion super fund said. ... |
| | | | A former director of collapsed derivatives provider Berndale Capital Securities has pleaded guilty to multiple dishonesty offences, including the misuse of nearly $700,000 in company funds. Stavro D'Amore admitted to three combined charges before ... |
| | | | Following ASIC's concerns over the transaction, Sequoia Financial Group tore up the agreement to sell InterPrac Financial Planning to Conquest Investment Partners, saying the two parties failed to satisfy all the conditions within the required timeframe. ... |
| | | | US President Donald Trump has unveiled his new retirement savings plan, inspired by Australia's superannuation system. US Treasury Secretary Scott Bessent said the government designed a plan "that's something pretty close or in the direction of the ... |
| | | | ASX has appointed group executive markets and listings Darren Yip as interim chief executive, as the exchange continues its search for a permanent leader. Yip will assume the role, effective May 29, following the earlier announcement that chief executive ... |
| | | | Australia's economy will take a hit at the fallout of the Middle East conflict, but the good news is it will avoid a recession, J.P. Morgan Asset Management predicts. The asset manager downgraded Australia's annualised growth rate from 2% tipped at ... |
| | | | Generation Life is the victim of a cyber incident that involved a bad actor attempting unauthorised access via its third-party service provider, which has now been "contained". "At this stage, there has been no evidence of impact on Generation Life's ... |
| | | | Cbus is urging the government to warn young workers starting out or changing jobs if their insurance safety net won't cover them when things go wrong. The call is part of the fund's submission to the federal government's superannuation advertising ... |
| | | | ASX has confirmed CHESS Release 1 is ready for market open to provide clearing services. ASX is aiming to implement Release 2 of CHESS replacement in 2029. ASX said all approved market operators (AMO) advised they successfully connected to the new system ... |
| | | | The federal government is bringing forward over $6 billion in concessional capital, including zero interest loans, to support local businesses affected by global disruptions. The $1 billion Economic Resilience Program, $5 billion Net Zero Fund, and ... |
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