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| | | Hostplus has introduced retirement bonus payments when members transition into the pension phase. From today, members who meet the eligibility criteria will receive an additional top-up to their account when they transfer from a Hostplus accumulation ... |
| | | | Bell Financial Group (BFG) has appointed its first chief investment officer, picking someone who recently finished up at Clime Investment Management. Will Riggall is the new investments chief, having ended his tenure at Clime in June after more than ... |
| | | | APRA has launched a second round of consultations on the capital framework for longevity products in a bid to tackle the "weak demand" for such products including annuities. The prudential regulator has released several proposals in the next stage of ... |
| | | | Challenger and Iress have entered a strategic partnership to develop an advice-led solution to improve accessibility of retirement income products in Australia. Iress said the technology solution will enable financial advisers to better serve their ... |
| | | | Pinnacle Investment Management will acquire a stake in Advantage Partners, a private equity investor from Japan, for $92 million. Pinnacle will own up to 13% of Advantage Partners over a three-year period. The first stage will acquire a 5% stake for ... |
| | | | Fidante's Partners new affiliate Fulcrum Asset Management has hired a high-profile liquid alternatives specialist as chief strategy officer Fulcrum has welcomed Sara Rejal to the newly created role as the London-based asset manager moves to expand ... |
| | | | PGIM has named two executive leaders to oversee and manage its Australian real estate business. Both based in Sydney, Sam Mellor has joined as head of real estate debt, Australia, while Stuart Carr will join in December as head of real estate equity ... |
| | | | Aware Super and TelstraSuper have moved to the next stage of their merger plans, signing a binding Heads of Agreement to create an entity with nearly $235 billion in assets. Providing an update to its members, TelstraSuper chief executive Chris Davies ... |
| | | | Not done with pulling Clime Investment Management out of the red, managing director Michael Baragwanath's bold plans to turn the ship around entail a product and culture overhaul, and even giving away his short-term incentives (STI) to staff. After ... |
| | | | ASIC has launched proceedings in the Supreme Court of NSW against Fiducian Investment Management, alleging it breached its duties as a responsible entity and engaged in misleading and deceptive conduct about its environmental, social and governance ... |
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