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The risks keeping APRA's new deputy chair up at night

RIDDHIMA TALWANI  |  FRIDAY, 23 OCT 2026
... retirement savings of ordinary Australians. "In the worst case, someone who has spent a lifetime building up their super, could see those savings disappear in a matter of moments," he said. "This would be a tragedy for the individual concerned, but it ...

Magellan sheds name, enters new focus as Barrenjoey

KARREN VERGARA  |  FRIDAY, 23 OCT 2026
Magellan Financial Group will retire its name and rebrand to Barrenjoey Capital Partners, as the newly combined group heightens its focus on investment banking, institutional sales, trading and execution services. Shareholders at the annual general ...

Wealthy investors keep cash despite market optimism

VINNY VUCAGO  |  FRIDAY, 23 OCT 2026
... alternatives. "Cash isn't necessarily a vote against growth," said Praemium acting chief executive Denis Orrock. "HNW investors can see opportunities in technology, equities and private markets, but they're also navigating interest rates, inflation and ...

MA Financial locks down flagship private credit fund, shutters another

KARREN VERGARA  |  THURSDAY, 22 OCT 2026
MA Financial has now suspended all redemptions and applications to its MA Secured Loan Series Fund, a $2.3 billion private credit portfolio after it imposed a temporary redemption limit in August. It will also wind up the MA Secured Real Estate Income ...

ATO sets sights on 'predatory practices' to access super

MATTHEW WAI  |  THURSDAY, 22 OCT 2026
The Australian Taxation Office (ATO) noted there has been a decrease in compassionate release of super, which it said was promising, however it remains concerned about predatory practices from health practitioners attempting to access super for financial ...

ASIC investigates potential $138m scam

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2026
ASIC has confirmed it is actively investigating a potential scam that has seen at least $138 million of Australian investor funds lost. ASIC said the investigation is around whether there were oversight, due diligence and compliance failures linked ...

Channel Capital wins distribution mandate

MATTHEW WAI  |  WEDNESDAY, 21 OCT 2026
Channel Capital has been appointed by Coller EQT to distribute, promote and service investor support to the two secondaries strategies currently available in Australia. Under the arrangement, Channel Capital will oversee the responsibilities for the ...

Acenda Life launches investment bond

VINNY VUCAGO  |  WEDNESDAY, 21 OCT 2026
Acenda Life has launched an Investment Growth Bond and enhanced its Fixed Term Annuity, broadening its investment offering. The new investment bond is designed for long-term wealth accumulation and transfer, with potential applications including education ...

Adviser stripped of AFSL he claimed he didn't hold

MATTHEW WAI  |  WEDNESDAY, 21 OCT 2026
... or insurance," the website noted. "What I do is build detailed models of the decisions you're weighing up, so you can see the numbers clearly and decide for yourself, or take them to a licensed financial adviser if you'd like product advice." ...

Regulating for culture

RIDDHIMA TALWANI  |  TUESDAY, 20 OCT 2026
... says, is "a small circle of people, the kind of upper echelons of corporate Australia, who all live in the same suburbs, all see each other socially, in many cases have known each other for years." He adds there is a cultural difference between how public ...
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