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Showing 1 - 10 of 12738 results for "Change"

Australian Unity to shed 195 roles

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses. "Australian Unity is progressing a strategic review ...

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI  |  FRIDAY, 5 JUN 2026
... from being the third largest dealer group to fourth, as WT Financial Group edges out with two more advisers. Overall, net change of advisers was -35 for the week. The drop was driven mostly with the closure of Count's restricted advice service, Merit ...

BT appoints new head of strategy

KARREN VERGARA  |  THURSDAY, 4 JUN 2026
A former Allianz Retire+ executive has joined BT as the new head of strategy. Simon Aboud joined the wealth manager on June 1. Late last year, Aboud left Allianz Retire+ as its chief product and marketing officer, a role he assumed in May 2021. Prior ...

Macquarie AM, IG4 Capital to realise over $1bn in global transaction

MATTHEW WAI  |  WEDNESDAY, 3 JUN 2026
Macquarie Asset Management (MAM) and Brazilian private equity firm IG4 Capital will offload their ownership in a port and logistics operator in a transaction valued at $1.16 billion (US$835m). The transaction will be processed through MAM's Macquarie ...

US and Aussie shares 'incredibly divergent': UniSuper

VINNY VUCAGO  |  TUESDAY, 2 JUN 2026
The artificial intelligence (AI) investment boom continued to drive US equity markets higher in May, while Australian shares delivered comparatively modest gains amid weaker earnings outlooks and pressure on the banking sector, according to UniSuper ...

AFCA to update rules on new genetic testing laws

KARREN VERGARA  |  TUESDAY, 2 JUN 2026
... underwriting or actuarial factors leading to an offer of a life insurance policy on non-standard terms. This is proposed to change under new Rule C.1.4b, whereby AFCA must exclude a "complaint about underwriting or actuarial factors leading to an offer ...

J.P. Morgan AM awarded fresh portfolio structuring mandate

MATTHEW WAI  |  TUESDAY, 2 JUN 2026
J.P. Morgan Asset Management (JPMAM) has secured a mandate to implement portfolio structural capabilities for improved operational and cost efficiency for Findex Group. Findex currently manages approximately $8.5 billion under its managed discretionary ...

ASIC cannot afford to stand still: Longo

VINNY VUCAGO  |  MONDAY, 1 JUN 2026
... Financial Services to defend the regulator's enforcement record while warning that funding constraints and rapid technological change could threaten its future effectiveness. Longo said ASIC had become a "modern, confident and ambitious regulator" during ...

Product Showcase: Calm in the chaos

THE FINANCIAL STANDARD TEAM  |  MONDAY, 1 JUN 2026
... "Often with good companies, they make mistakes. There are self-inflicted wounds like doing an M&A that goes wrong or they change management and it doesn't work out," said Fairbrother. Because they have a lot of knowledge on that company, the fund ...

APRA slaps additional licence conditions on HTFS Nominees

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... other regulatory approvals. With respect to the takeover, APRA said: "The licence conditions will apply notwithstanding any change of ownership to HUB24 Limited, which may implement new investment governance and oversight practices for HTFS." HTFS Nominees ...
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