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UK regulators abandon DEI reporting push

JAMIE WILLIAMSON  |  THURSDAY, 13 MAR 2025
... regulated firms to report on employees' gender, ethnicity, religion and sexual orientation. However, the FCA and PRA have now confirmed they will not pursue such changes. "In light of the broad range of feedback received, expected legislative developments ...

Quadrant Private Equity invests in LegalVision

ANDREW MCKEAN  |  WEDNESDAY, 12 MAR 2025
... some time, drawn to the way its been disrupting the "large and fragmented" B2B legal services industry. He noted the firm now has over 4500 clients and is growing at 30% per annum. LegalVision chief executive Lachlan McKnight said partnering with Quadrant ...

Cost to maintain comfortable retirement increases

MATTHEW WAI  |  WEDNESDAY, 12 MAR 2025
... has increased further over the past 12 months. The cost of a comfortable lifestyle rose by 1.3%, with singles aged over 65 now requiring $51,805 per year and couples needing around $73,077 per year. However, the figures are a slight drop from six months ...

Unlawful hawking practices re-emerge in SMSFs

MATTHEW WAI  |  TUESDAY, 11 MAR 2025
... 2021, opting to provide consumers greater control in making decisions and prevent them being approached by unwanted products. Now, the resurgence of the unlawful methodology has been condemned by the SMSFA and goes against financial advisers' Code ...

Data is our biggest challenge: Aware Super

ELIZA BAVIN  |  TUESDAY, 11 MAR 2025
... well governed data, your need for [more] data kind of explodes, because suddenly people are saying, 'I trust this data, I can now start making decisions based on what I'm getting as output'. "We're still in the infancy of that, but I've already ...

IAM mandate grows to $130m

KARREN VERGARA  |  MONDAY, 10 MAR 2025
... February 26 initially sought a minimum of $125 million to fund MoneyMe's personal loan and credit card offerings. This has now increased to $130 million due to "robust demand across all tranches" that resulted in the deal being oversubscribed with ...

Three in five women lack retirement confidence

ELIZA BAVIN  |  MONDAY, 10 MAR 2025
... isn't a single path that all women follow in life," Power said. "That's why financial advice is so valuable. There are now more affordable advice options available; women can sit down with a professional adviser or use a digital advice tool to ...

Swiss fund manager expands in Australia

KARREN VERGARA  |  FRIDAY, 7 MAR 2025
... investments across the consumer and technology sectors, founded in 2017. Upon finalising its acquisition of C Capital, Youngtimers now operates as C Capital. It is based in Basel and focuses on private equity and small- and mid-cap listed equities in ...

Dania Zinurova exits Wilson AM

ELIZABETH FRY  |  THURSDAY, 6 MAR 2025
... popped up at Dexus as its head of infrastructure funds. Dania Zinurova - the portfolio manager for WAM Alternative Assets and now fund manager of Dexus Diversified Infrastructure Trust (DDIT) - has held many leaderships roles throughout her 24-year career. ...

HNWIs set to increase real estate exposure

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
... estate over the next 18 months. From the family offices surveyed its evident investors are increasingly conscious that they can now acquire assets at an attractive entry point off the back of the downturn and with strong prospects of cyclical recovery ...