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| | | The Senate has overturned proxy advice reforms announced at the end of last year, three days after the new regime had begun. On a vote of 29 votes to 25, the Senate disallowed the new regulations that were announced by Treasurer Josh Frydenberg in December ... |
| | | | Investment solutions firm Drummond Capital Partners hired an executive to lead its strategic growth efforts. Joining from Allianz Retire+ this month, Catriona Wortley is Drummond's new head of strategic growth. Wortley was most recently the head ... |
| | | | Investors Mutual (IML) has announced the appointment of Michael Bowen as relationship manager, strategic groups. Bowen joins IML from global manager PineBridge Investments, where he was vice president, wholesale, and private wealth, responsible for ... |
| | | | Australian Meat Industry Superannuation Trust (AMIST) is being criticised for a recent investment in fruit packing giant SPC, due to the other party involved in the capital raise. AMIST made an investment in SPC in a capital raising. Peregrine Corporation ... |
| | | | PE Capital Funds Management is now in liquidation after the Federal Court found that it operated managed investment schemes without an AFSL and engaged in misleading and deceptive conduct. The court found that over $16 million was invested in the registered ... |
| | | | The Association of Financial Advisers welcomed a new chair and deputy chair to its Practitioner Community. AFA Group Wealth founder John Cachia was named chair, while Mazi Wealth founder Deline Jacovides serves as deputy chair. "Our key role is to be ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) is proposing a $5000 superannuation baby bonus be introduced, as the industry also calls for the government to prioritise the removal of the $450 threshold as parliamentary sitting resumes. ... |
| | | | According to new quantitative analysis, higher inflation in Australia is set to have a negative impact for ASX investors. SigTech, a quantitative technology company, provided analysis on how various inflation levels over the past 50 years have impacted ... |
| | | | J.P. Morgan Asset Management's local head of funds business has tendered his resignation after nearly a decade with the firm. Head of the funds business for Australia and New Zealand David Hallifax will pursue other opportunities, the asset manager ... |
| | | | The ANZ banking group has appointed a new chief technology officer in a newly created position. Tim Hogarth, who was previously the bank's chief architect, was promoted to the role this month. Prior to ANZ, he spent a decade at Commonwealth Bank in ... |
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