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TA Associates sells Russell Investments

KARREN VERGARA  |  FRIDAY, 10 JUL 2026
Russell Investments marks another change in ownership as private equity firm TA Associates announced it will sell the fund manager to a B Capital-led consortium that includes CalPERS. TA Associates, together with Reverence Capital Partners (RCP), will ...

AUSIEX launches cash account for advisers

RIDDHIMA TALWANI  |  TUESDAY, 7 JUL 2026
... monthly and is fully supported by local service teams. AUSIEX analysis showed advisers executing 100 trades a month could save more than eight hours by removing unnecessary cash transfer steps through a more integrated cash solution. "AUSIEX has built ...

Financial services CSLR Levy hits $198m

MATTHEW WAI  |  THURSDAY, 2 JUL 2026
... sector and comes at the expense of the lasting emotional, physical and financial wellbeing of individuals working hard to save for retirement." Berry added the broader impact on the financial advice sector also includes the loss of the public's trust ...

Greens, Labor agree on LRBA ban on SMSFs

MATTHEW WAI  |  WEDNESDAY, 24 JUN 2026
... LRBAs has been, in the main, appropriate and a legitimate vehicle for superannuation members, including younger members, to save for their retirement," Busoli said. "Also, demonstrably, the effect on the availability of homes for new home buyers has ...

ASFA lifts comfortable retirement standard to $730k for couples

KARREN VERGARA  |  MONDAY, 15 JUN 2026
... living until the age of 90, factoring in their entitlement to the Age Pension. A single person homeowner will be able to save $322,000 by the age of 65 and ideally spend $1690 per fortnight or $44,000 per year during their retirement years. This also ...

Treasury releases adverse genetic test results ban draft regulation

KARREN VERGARA  |  TUESDAY, 9 JUN 2026
... of parliament on April 1. Minister for financial services Daniel Mulino said genetic testing is an important tool that can save lives through early detection and prevention. "Australians should be able to access this testing with confidence, without ...

M&G new hire to bolster Australian insto ties

RIDDHIMA TALWANI  |  THURSDAY, 4 JUN 2026
M&G Investments, a global asset manager with £371.4 billion ($768.8bn) in assets under management, has appointed Cameron Sinclair as head of institutional distribution in Australia. Sinclair will be tasked with strengthening M&G's relationships across ...

FEATURE | Emerging markets: Twists and turns

KARREN VERGARA  |  FRIDAY, 29 MAY 2026
... 800 bases. From a purely business perspective, when corporations find a more efficient way to do the exact same thing and save costs, they always go for it. So why wouldn't that apply? In this case, none of these events are coincidences," he says. ...

ASIC launches action against Equity Trustees for $65m First Guardian failures

ELIZA BAVIN  |  THURSDAY, 21 MAY 2026
... based on the information it had available," Court said. "Superannuation trustees play a critical role helping their members save for retirement, but we allege Equity Trustees failed to put the interests of their members first." In response to ASIC's ...

InterPrac targets First Guardian victim, disputes AFCA ruling

KARREN VERGARA  |  FRIDAY, 15 MAY 2026
... resources and encouragement they need to navigate the complex complaints and compensation system. She also spearheads the SOS Save Our Super website, an advocacy group fighting for justice for victims. "In my view, the fact that victims are now being ...
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