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Addressing modern slavery risks more critical than ever: RIAA

KARREN VERGARA  |  THURSDAY, 23 APR 2026
... laws propose entities should identify and take reasonable action on such risks. Ahead of the annual conference in Melbourne next month, Ethical Investment Advisers financial adviser Karen Macleod says it is important for the investment community to be ...

Australian Unity adds Betashares ETFs to bond offerings

RIDDHIMA TALWANI  |  THURSDAY, 23 APR 2026
... structure. "We're seeing more parents and grandparents use investment bonds as a structured way to build wealth for the next generation, whether that's helping their kids with home deposits, supporting education or funding other major life expenses," ...

Cboe offloads local exchange to Canadian giant

RIDDHIMA TALWANI  |  THURSDAY, 23 APR 2026
... Donohue said. "The transaction will bring Cboe Australia and Cboe Canada under new ownership well suited to support their next chapter." Cboe Australia currently has around 20% of Australia's equity market turnover, representing approximately $2 billion ...

Rapid growth of UHNW population prompts management shift: Knight Frank

MATTHEW WAI  |  THURSDAY, 23 APR 2026
... with a net worth of more than US$30 million ($41.9m). It's also expected the population will grow by a further 60% over the next five years, Globally, there are 713,626 UHNWIs currently, and that figure is set to grow close to one million in 2031. Australia's ...

APAC investments chief for Morningstar IM resigns

KARREN VERGARA  |  WEDNESDAY, 22 APR 2026
... Needham said. "I would like to sincerely thank Matt for his many contributions to Morningstar and wish him every success in the next stage of his career." Early this year, Morningstar made two hires to its managed portfolios team - a national sales lead ...

Brookfield sells minority La Trobe stake for $3bn

ELIZA BAVIN  |  FRIDAY, 17 APR 2026
... Axight co-managing partners Mujtaba Hussain and Jerry He added: "We look forward to partnering with Brookfield to support the next phase of growth at La Trobe Financial, leveraging its scale, origination capabilities, and diversified funding model. This ...

GCI Funds raises $125m for second strategic capital fund

MATTHEW WAI  |  FRIDAY, 17 APR 2026
... said. The new fund will continue the strategy's closed-ended fund series, with the capital expected to be invested within the next 12 to 18 months, at which point a new vintage will be raised. GCI said the $125 million raised reflects ongoing investor ...

More M&A amid AI buildouts, heightened costs: Fidelity International

MATTHEW WAI  |  FRIDAY, 17 APR 2026
... further in the months ahead, leading to an increase in consolidation. Only 8% expect inflationary pressures to ease off in the next 12 months, with half expecting pressures would continue at the same level and 40% expecting a rise, the report found ...

IFPA chief executive to exit

JAMIE WILLIAMSON  |  THURSDAY, 16 APR 2026
... organisation, its people, and the members it serves. IFPA is in a strong position, and I have every confidence in what comes next," she said in a statement to Financial Standard. "Financial services in Australia is at a genuinely pivotal inflection point. ...

Digital advice spurring demand for full personal advice: Report

KARREN VERGARA  |  WEDNESDAY, 15 APR 2026
... future. Among pre-retirees aged 55 to 59, digital users are more than three times more likely to seek financial advice in the next 12 months compared to non-users. FSC chief executive Blake Briggs said digital advice is complementing traditional advice ...