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Showing 1 - 10 of 162 results for "ADI"

Treasury floats changes to banking, estate payment limits

KARREN VERGARA  |  TUESDAY, 27 OCT 2026
Treasury is introducing several banking reforms as part of its deregulation agenda, including doubling the limit on payments permitted from deceased consumers' estates without probate or letters of administration. The proposed changes include increasing ...

Brookfield AM managing partner calls time

MATTHEW WAI  |  THURSDAY, 1 OCT 2026
A Brookfield Asset Management managing partner, who at one point led the Australian private equity business, has wrapped up his 13-year tenure at the firm. Len Chersky has left the firm this week. He joined Brookfield in January 2014 after a brief stint ...

APRA funding levy rises to $253m

KARREN VERGARA  |  TUESDAY, 26 MAY 2026
... substantially improve transparency on the retirement phase." For the other sectors, authorised deposit-taking institutions (ADI) have the lion's share of the levy of $114.6 million. Life insurance and friendly societies are allocated $19.1 million. ...

Super moves: Future Fund, NZ Super, Aware Super, VFMC

ELIZABETH FRY  |  THURSDAY, 19 FEB 2026
A third Future Fund investment professional is bound for Abu Dhabi, following in the footsteps of the sovereign wealth fund's former chief investment officer and a deputy CIO. Pradheesh Salvarajah has taken on a role as investment manager at Abu ...

Super moves: ART, Allianz, HESTA, AusSuper

ELIZABETH FRY  |  THURSDAY, 29 JAN 2026
Australian Retirement Trust has appointed a 22-year Deutsche Bank veteran to lead its London office, strengthening the superannuation giant's presence in one of its key offshore investment hubs. Michael Weaver, ART's general manager of mid-risk ...

APRA's fresh guardrails to impact property investors

ELIZA BAVIN  |  THURSDAY, 27 NOV 2025
The Australian Prudential Regulation Authority (APRA) will limit high debt-to-income (DTI) home lending in a move to pre-emptively contain a build-up of housing-related vulnerabilities in the financial system, APRA chair John Lonsdale said. From 1 February ...

Super moves: Future Fund, Bupa, QIC, HESTA, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 NOV 2025
A long-serving Perpetual executive will relocate to Queensland next month to join QIC, overseeing its 900-strong global team. Paul Chasemore has been appointed chief people & culture officer, effective 1 December 2025. Chasemore spent 18 years at Sydney-based ...

Capital Group takes stake in Qualitas

KARREN VERGARA  |  TUESDAY, 21 OCT 2025
Capital Group has acquired a substantial stake in Qualitas, taking over co-founder Andrew Schwartz's 15.1 million shares for about $52.9 million. Qualitas disclosed that the global fund manager took a significant stake in the company the day after Schwartz ...

Lederer Group bids for Elanor Commercial Property Fund

KARREN VERGARA  |  TUESDAY, 5 AUG 2025
Lederer Group is attempting to acquire ASX-listed Elanor Commercial Property Fund (ECF), which has a portfolio valued at more than $500 million. Elanor Funds Management, the responsible entity (RE) of ECF, said it is considering Lederer Group's ...

Global investor services group enters Australia

ELIZA BAVIN  |  TUESDAY, 15 APR 2025
Global investor services firm IQ-EQ has entered the Australian market with the acquisition of AMAL Group - a provider of corporate trust, agency services and loan servicing solutions. The strategic acquisition of AMAL Group includes AMAL Asset Management ...
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