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Aussies ditch 'Great Australian Dream,' pursue 'Great Australian Lifestyle'

KARREN VERGARA  |  FRIDAY, 17 JUL 2026
The "Great Australian Dream" has been superseded by the pursuit of the "Great Australian Lifestyle" as a new measure of success underscored by financial security, a new survey finds. MLC's new Real Retirement Report, compiled alongside McCrindle Research ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
Treasury has released new Statements of Expectations (SoE) for the Australian Prudential Regulation Authority (APRA) and the Australian Securities and Investments Commission (ASIC), with an emphasis on how the regulators should promote a more sustainable ...

NGS Super names head of strategy

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
NGS Super has appointed a former board member of the Association of Superannuation Funds of Australia (ASFA) as head of strategy, as the fund aims to strengthen its retirement offering. Nick Callil has joined NGS Super in the newly created role, bringing ...

Eiger Capital co-founder flags retirement

KARREN VERGARA  |  FRIDAY, 17 JUL 2026
Stephen Wood, the co-founder of small-caps specialist Eiger Capital, which has more than $895 million in funds under management, has announced his retirement. Wood told investors he will remain on the portfolio management team until the end of the 2027 ...

arcpoint OCIO adopts dual chief investment officer model

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... chief investment officer (CIO) model. Former chief investment officer of Mason Stevens' Jacqueline Fernley founded the new outsourced chief investment office (OCIO) as a dedicated resource for advice practices, family offices, charities and foundations. ...

Former T. Rowe Price distribution head finds new role

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... sales for Australia Jonathon Ross has joined Evidentia Private as principal, private wealth solutions based in Sydney. In his new role, Ross is responsible for relationships with key clients and leading financial advice firms in New South Wales and Queensland. ...

FY26 ASX listings sat below five-year average

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
... the latest figure remained below the five-year average of 101, with the number of total listed entities continuing to fall. New listed entities number for FY26 was 100, up 45% from the previously corresponding period (69) despite having an identical ...

Australian Ethical adds $1bn to FUM in three months

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
... GROW platform, reactivation of employment platform acquisition channel and improving digital marketing performance, while new member momentum has also lifted in the second half, Australian Ethical said. Meanwhile, the launch of Australian Ethical Growth ...

Swedish PE giant sweetens offer bid for Perpetual

RIDDHIMA TALWANI  |  THURSDAY, 16 JUL 2026
... earlier in the month. The revised offer price of $22.07 is a 2% bump from its previous offer of $21.64 cash per share. The new offer values Perpetual at $2.55 billion, a $50 million rise from the previous offer. "The revised indicative proposal is subject ...

Netwealth posts record FUA as managed accounts top $30bn

VINNY VUCAGO  |  THURSDAY, 16 JUL 2026
... underlying client relationships remain on platform and continue to contribute meaningfully to total FUA." The platform added 75 new financial intermediary relationships and 5601 accounts during the quarter, taking total accounts to 182,276. Netwealth ...
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