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| | | MLC Super will cut administration and investment fees for members from October 1, with 511,000 members set to benefit from lower costs across its superannuation options. The annual member administration fee will fall 23% from $78 to $60, reducing the ... |
| | | | Australia's life insurers have set out their action plan with an aim to strengthen their commitments to customers under the Life Insurance Code of Practice (Life Code), following an independent review commissioned by the industry. The industry has committed ... |
| | | | ... across eight key areas of risk and build on existing obligations for trustees. Three new safeguards would require trustees to set and enforce member-level investment limits for higher-risk investments; strengthen the management of investment-related ... |
| | | | ASIC has outlined its supervisory priorities for 2026-27 with reviews of artificial intelligence (AI), member services and advice fee deductions among the areas of focus for financial services firms. The regulator has published sector-specific supervisory ... |
| | | | ... a mountain ash stand burns inside for 20 years is that the trees haven't grown old enough to reach sexual maturity, to set seed and create the next generation of alpine or mountain ash trees," he explained at the recent Responsible Investment Association ... |
| | | | AUDC the issuer of Australian dollar stablecoin AUDD, has signed a Memorandum of Understanding (MoU) with PT IDRX Indo Inovasi, the issuer of Indonesian rupiah stablecoins IDRX, to explore a direct cross-border settlement corridor. Under the MoU, the ... |
| | | | ... ensuring the prudential framework remains effective without imposing unnecessary costs or complexity on regulated entities. Smith set out the regulator's progress to date, as well as the next steps towards a more targeted, proportionate and efficient ... |
| | | | ... Australia was the concentrated market - banks and resources - while going global gave you this very broad, diversified opportunity set. That distinction has now become less obvious," Scientific Beta head of investment solutions for Australia and New ... |
| | | | Insurance Australia Group Limited (IAG) has announced it has agreed to a settlement in the proceedings brought by Credit Suisse against it in the Federal Court, over the collapse of Greensill Capital. IAG said the terms of the settlement are confidential ... |
| | | | ... management, with Morningstar pointing to persistent market inefficiencies, lower research coverage and a broader opportunity set than passive indices can capture. Fixed income also emerged as a relative bright spot, with higher interest rates and greater ... |
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