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Showing 871 - 880 of 18321 results for "Work"

Pacific Current FUM, earnings lower in FY25

KARREN VERGARA  |  TUESDAY, 26 AUG 2025
The exit of two boutiques has dented Pacific Current Group's (PAC) funds under management (FUM) by 29%, while another affiliate dragged the 2025 financial year with a $22.1 million impairment. Exits in Banner Oak Capital Partners and Carlisle Management ...

CBA appoints head of Australian economics

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
Commonwealth Bank (CBA) has announced Belinda Allen will take on the role of head of Australian economics after Gareth Aird left the bank in July. Allen will be responsible for developing the bank's Australian economic forecasts, views on the Reserve ...

AustralianSuper executive joins SMC

MATTHEW WAI  |  TUESDAY, 26 AUG 2025
... to help shape policy for all super funds. "I deeply valued my time at AustralianSuper. I learned so much and was lucky to work alongside colleagues whose member focus is second to none," Coates said. "While I'll miss being part of that daily, I feel ...

Equity Trustees sued over Shield Master Fund failures

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... 2024 through its fund. ASIC deputy chair Sarah Court said ASIC was acting against Equity Trustees as part of its ongoing work to protect members' superannuation savings. "Instead of acting as an effective gatekeeper for its members' retirement savings ...

Super funds should prompt members on death benefits: SCA

ELIZA BAVIN  |  TUESDAY, 26 AUG 2025
... system is working," SCA said. "An independent review could get to the bottom of whether the system is fit for purpose and work out how it could be improved." SCA said the system for making a binding nomination is too complex and varies from fund to fund. ...

Powerwrap drags Praemium performance, SMAs shine

KARREN VERGARA  |  MONDAY, 25 AUG 2025
Praemium's separately managed accounts (SMA) business reported $610 million of net inflows while Powerwrap's outflows topped $299 million for the 2025 financial year. In addition to the SMA business, total funds under administration (FUA) was ...

Binance under microscope over loose controls

MATTHEW WAI  |  MONDAY, 25 AUG 2025
The Australian Transaction Reports and Analysis Centre (AUSTRAC) directed Binance Australia to appoint an external auditor after "serious concerns" were identified from its independent review. The concerns are in relation to the crypto exchange's ...

Chalmers says tax reform coming, but offers no detail

ELIZA BAVIN  |  MONDAY, 25 AUG 2025
Treasurer Jim Chalmers has confirmed the government intends to cut taxes but also that broader tax reform is necessary. "When it comes to tax, the government's tax policies haven't changed. Our major focus is on cutting taxes, two more times for every ...

APRA sets higher cybersecurity expectations for trustees

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
... will be asking a lot of questions. We will be insisting, that they do what we would like them to do, and if that doesn't work, well, we can escalate up the toolkit that we've got," he said. "This is a high priority issue for us. More broadly ...

Chalmers confirms super performance test changes are coming

ELIZA BAVIN  |  FRIDAY, 22 AUG 2025
Treasurer Jim Chalmers has wrapped up the three-day Economic Reform Roundtable, announcing a range of reforms the government will focus on. Speaking at a press conference after the event, Chalmers said the government will look to make changes to the ...