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CFS plots 'largest' retirement product expansion with new alliance

MATTHEW WAI | WEDNESDAY, 20 MAY 2026

... from their first super contribution." MLC Expand also has a partnership with Challenger as well as TAL. Commenting on its new partnerships, CFS Super chief executive Kelly Power said the new offering transforms the perception of retirement. "CFS has ...

Government to fast track low-risk foreign investments

RIDDHIMA TALWANI | WEDNESDAY, 20 MAY 2026

... proposals to more rigorous scrutiny. This builds on the first tranche of reforms introduced in 2024. The changes will set a new performance target to decide all low-risk applications within 30 days from the beginning of next year. It will also update ...

Bell Financial launches Tandem Capital

VINNY VUCAGO | WEDNESDAY, 20 MAY 2026

Bell Financial Group has announced the launch of Tandem Capital expanding its platforms division with a new margin lending and at-call investment offering aimed at advisers and their clients. The new business will provide advisers with access to margin ...

Vital Business Partners names chief executive

MATTHEW WAI | WEDNESDAY, 20 MAY 2026

Vital Business Partners (VBP), part of AZ NGA's network, has appointed a new chief executive, replacing Nathan Jacobsen who joined the parent company as chief operating officer earlier this year but continued to oversee the management of VBP. VBP has ...

Oil price shock to hit consumers 'relatively quickly': RBA

RIDDHIMA TALWANI | WEDNESDAY, 20 MAY 2026

... who have been relatively highly exposed to transport and oil-derived raw materials cost increases - are reviewing prices for new contracts." This has pushed the RBA to revise its inflation forecast higher in the near term. It expects the oil prices shock ...

CALI calls for government to help fund CSLR

MATTHEW WAI | WEDNESDAY, 20 MAY 2026

... a whopping $4000 in levies in the upcoming financial year. The situation is rather dire for risk advice due to the lack of new entrants into the niche sector, with only some 185 risk specialists currently available in Australia. Addressing the growing ...

SIAA focuses mission on building prosperity for investors

KARREN VERGARA | TUESDAY, 19 MAY 2026

... profession. At the annual conference in Melbourne on day one, SIAA chief executive Maria Lykouras unveiled the association's new vision: "building prosperity for Australian investors" - a shift from "serving the interests of investors." "I believe ...

Lendlease names new investment management chief

MATTHEW WAI | TUESDAY, 19 MAY 2026

Lendlease has announced a change in its investment management division, which will see chief executive investment management Justin Gabbani depart the company for external opportunities in Singapore. Current chief investment officer Penny Ransom will ...

Russell Investments hires from BT

ELIZA BAVIN | TUESDAY, 19 MAY 2026

... track record of building strategic partnerships and driving growth," Russell Investments head of distribution Australia and New Zealand Neil Rogan said. "Her appointment reflects our continued momentum in the Australian wealth market and our focus on ...

Investor demand for infrastructure asset mandates intensifies: bfinance

MATTHEW WAI | TUESDAY, 19 MAY 2026

A new analysis shows momentum in private market search activity for real assets, including infrastructure, remained strong among institutional investors in the first quarter of 2026, despite private markets slowdown. According to bfinance's Q1 2026 ...

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BT appoints new head of strategy

KARREN VERGARA | 10:47AM

A former Allianz Retire+ executive has joined BT as the new head of strategy.

ASX sees trade volumes soar in May

MATTHEW WAI | 12:24PM

ASX saw a substantial growth in trade volumes last month, despite continued lackluster movement in IPOs.

Otivo launches AI-powered financial advice

MATTHEW WAI | 12:21PM

Otivo has launched a mobile app for Australians to access licensed advice powered by AI.

Munro expands access to climate focused fund

VINNY VUCAGO | 12:09PM

The Munro Global Growth Climate Leaders PIE Fund has been opened to retail investors in New Zealand.

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