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| | | Mancell Financial Group (MFG) founder Peter Mancell has retired as a financial adviser after 46 years, selling the business he built to pave the way for a $1 billion wealth management firm in Tasmania. Mancell officially stepped away as an adviser and ... |
| | | | AUSIEX has launched a cash account to help financial advisers manage client cash seamlessly alongside trading accounts. The account is designed to simplify and streamline cash management, accelerate funding and settlement, improve visibility and control ... |
| | | | A rising concentration risk across global and local equities is reorienting investors to income stocks and fixed income exposure, JBWere said. JBWere head of asset allocation and portfolio management Glen Bertram noted there is really just the single ... |
| | | | Australians are feeling less confident about retirement, with retiree confidence and pre-retirement preparedness falling sharply over the past six months. New research from Brighter Super found cost-of-living pressures, market volatility and global ... |
| | | | MaxCap has named deputy chief executive and chief financial officer Kylie Robb as chief executive, effective July 1. A MaxCap spokesperson told Financial Standard Robb was brought into the business in the deputy chief executive role two years ago with ... |
| | | | Perpetual has rejected an unsolicited takeover bid from Swedish private equity giant EQT which valued the firm at $2.5 billion. The "unsolicited, non-binding, conditional and indicative proposal" was for $21.64 cash per share, representing a 40% premium ... |
| | | | The Sydney-based boutique investment manager focussing on venture capital and private equity has welcomed a new member to its executive line up. Larissa Reyes has joined Five V Capital as chief people officer, brining over two decades of experience ... |
| | | | Future Group is acquiring WTW's superannuation licensed entity, Stewarda, to establish trustee capabilities in house. The transaction is subject to APRA's approval. Stewarda holds an APRA extended public offer RSE licence allowing it to act ... |
| | | | 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." ... |
| | | | After a six-month hiatus, former Brighter Super chief investment officer Mark Rider is returning to the superannuation industry, set to join another super fund next month. Rider has been named general manager, investments at Primer Super, filling the ... |
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