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Showing 1 - 10 of 3561 results for "October 23"

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 ...

NAB-owned WealthHub cops $1m ASIC fine

VINNY VUCAGO  |  WEDNESDAY, 15 JUL 2026
NAB-owned online broker WealthHub Securities has been hit with a $1.055 million penalty after ASIC found it failed to accurately report regulatory data more than 9.5 million times over a decade. ASIC said he reporting failures undermined the corporate ...

KKR joins consortium to acquire ASX-listed Steadfast

RIDDHIMA TALWANI  |  TUESDAY, 14 JUL 2026
Global investment firm KKR has joined a consortium, including Amwins Group and Dragoneer Investment Group, as a co-lead investment partner to acquire ASX-listed general insurance broker Steadfast. Steadfast received KKR's joinder to the deed on ...

ASIC fines Deutsche Bank for 'systemic' reporting failures

KARREN VERGARA  |  MONDAY, 13 JUL 2026
The market regulator penalised Deutsche Bank $2 million for misreporting more than 260,000 over-the-counter (OTC) derivative transactions, saying the fine reflected "deficiencies" in the reporting framework and such failures were "systematic." ASIC ...

HESTA executive jumps ship to Cbus

VINNY VUCAGO  |  WEDNESDAY, 8 JUL 2026
A C-suite executive from HESTA has taken on a new role as chief member officer at Cbus, effective October. HESTA confirmed chief engagement and growth officer Joshua Parisotto will depart after more than six years with the fund. Parisotto first joined ...

APRA names new deputy chairs

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
The Australian Prudential Regulation Authority (APRA) has welcomed the appointment of two new deputy chairs, with current board member Therese McCarthy Hockey and former assistant treasurer David Bradbury set to join the regulator's leadership. ...

Vanguard delivers double-digit returns, Rest comes just shy

VINNY VUCAGO  |  FRIDAY, 3 JUL 2026
Rest and Vanguard both reported solid returns as global equities continue to underpin portfolio performance despite ongoing market volatility. Rest's flagship MySuper Growth option returned 9.81% for the year to June 30, marking the fourth consecutive ...

Final report into Life Code makes 85 recommendations

MATTHEW WAI  |  WEDNESDAY, 1 JUL 2026
The final report of an independent review of the Life Insurance Code of Practice (Life Code) has been finalised, proposing some 85 recommendations across aspects of mental health, customer vulnerability, claims handling, and sales practices. The review ...

Mercer Super fined $10.3m for reportable situations failures

KARREN VERGARA  |  MONDAY, 29 JUN 2026
Mercer Superannuation Australia will pay a $10.3 million penalty after it admitted to breaching the Reportable Situations Regime on several occasions, which the Federal Court found could have had the "potential to have a detrimental effect on members." ...

ASIC calls out platform trustees: 'Clear breach of trust'

RIDDHIMA TALWANI  |  MONDAY, 29 JUN 2026
ASIC has called out superannuation trustees for not doing enough to protect retirement savings of Australians on platforms even after repeated warnings from regulators about the dangers of poor oversight. ASIC's report Safeguarding super: How well are ...
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