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| | | Following the retirement of its founder and executive chair Andrew McKinnon, GSFM has appointed his successor to its board. Robert Johanson has joined GFSM as the new chair, effective October 1. Commenting on the appointment, GSFM chief executive Damien ... |
| | | | The $3 billion industry superannuation fund has transitioned its group insurance arrangements to TAL. It marks the end of a five-year mandate with AIA, which took over as the fund's group life insurer in September 2019 from MetLife. Effective September ... |
| | | | Zurich Financial Services Australia has launched a new total and permanent disability (TPD) offering designed specifically to cover ongoing care requirements in the event of a severe accident or illness. The new 'continuous care' option allows for a ... |
| | | | GESB, the public sector fund for Western Australia, has had its governing regulations amended to enable its adoption of the 2019 Protecting Your Super reforms - part of a broader suite of changes it's looking to implement to ensure sustainability. This ... |
| | | | Making changes to negative gearing could be worth at least $2 billion a year in revenue, while reducing the capital gains tax discount could be worth around $5 billion a year, according to new research from the Grattan Institute. This comes as Treasurer ... |
| | | | The global trading and investment platform is tapping into the superannuation sector with the acquisition of Spaceship, in a deal worth as much as $80 million. eToro has agreed to acquire Spaceship, expanding its local business and suite of offerings. ... |
| | | | Mercer Australia has promoted one of its senior consultants to head of wealth management investment solutions in a bid to increase bench strength in that business. Rebecca Jacques takes on the new role after six years with the firm. Mercer's chief ... |
| | | | The Infrastructure Fund (TIF), Australian Retirement Trust (ART) and State Super have offloaded Queensland Airports to private equity giant KKR and Atlassian co-founder Scott Farquhar's family office, Skip Capital. Queensland Airports comprises Gold ... |
| | | | AustralianSuper has appointed Chandu Bhindi as the fund's first chief liquidity officer, effective January 2025. Bhindi joins AustralianSuper from Commonwealth Bank, where he was responsible for the group's funding and liquidity and most recently as ... |
| | | | Vanguard will pay a $12.9 million fine after being found guilty of greenwashing earlier this year. It marks the largest penalty ever imposed by the Federal Court for such conduct. In March, the Federal Court found Vanguard misled investors via claims ... |
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