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Showing 1 - 10 of 4097 results for Karren Vergara

Evergreen founder exits Ascalon Capital

KARREN VERGARA  |  MONDAY, 22 JUN 2026
Ascalon Capital has bid farewell to Evergreen Consultants' founder Angela Ashton, shortly after acquiring the consulting firm last year. Ashton confirmed she has left Ascalon and will soon work on a new venture. Ascalon acquired Evergreen Consultants ...

Powerhouse Ventures partners with European fund manager

KARREN VERGARA  |  MONDAY, 22 JUN 2026
ASX-listed Powerhouse Ventures has partnered with an unnamed European fund manager that will commit US$50 million to its fledgling Critical Infrastructure Opportunities (CIO) Fund. Powerhouse signed a memorandum of understanding (MoU) with the European ...

Start-ups, small businesses win CGT reform carveouts

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
Treasury has unveiled a package of capital gains tax (CGT) discount carveouts targeting small businesses, and start-ups and their investors following backlash since the reforms were announced in the Budget on May 12. Testamentary trusts will also be ...

HSBC Bank fined $35m in landmark scam-protection failures

KARREN VERGARA  |  FRIDAY, 19 JUN 2026
HSBC Bank Australia has been hit with a $35 million penalty after admitting to widespread and systemic failures in protecting customers from scams. Following a Federal Court hearing in Melbourne on June 18, Justice Bennett handed down the penalty and ...

Poor succession plans expose advice firms to crisis events: Report

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
Most financial advice practices are ill-prepared to manage the sudden death or permanent disablement of a principal, according to new research, underscoring widespread gaps in succession and contingency planning. Business Health's newly released What ...

APRA embeds geopolitical risks management ground rules

KARREN VERGARA  |  THURSDAY, 18 JUN 2026
APRA has inserted geopolitical risks into its regulatory priorities, expecting superannuation trustees to manage it well, as their traditional risk frameworks may no longer be adequate in the current environment. Penning a letter to super funds and ...

Mercer reviews small caps, Aussie equities mandates

KARREN VERGARA  |  WEDNESDAY, 17 JUN 2026
Mercer Investments Australia has overhauled the fund manager line-up across its Australian equities and small-caps funds following an investment review, retaining some incumbents and awarding fresh mandates at the same time. Previously, the managers ...

APRA opens consultation to governance reforms

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
The prudential regulator is lifting the governance bar for superannuation funds and insurers with proposed changes to CPS 510, launching a consultation as part of its endeavours to stamp out 'poor practices'. APRA has laid out revised draft ...

Regulators push for stronger stress-testing capability, resilience

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
The ability to remain resilient and manage liquidity pressures amid severe, multi-dimensional stress scenarios is an area of focus that APRA and ASIC want superannuation funds to improve. Recent roundtables hosted by APRA and ASIC heard the importance ...

Former fund manager admits to obstructing SEC probe

KARREN VERGARA  |  TUESDAY, 16 JUN 2026
Former Western Asset Management co-chief investment officer Ken Leech pleaded guilty to obstructing an investigation into a fraudulent trading scheme that disadvantaged certain clients. At the US Attorney's Office for the Southern District of New York ...
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