Qantas Super and Australian Retirement Trust (ART) officially merged on March 29. About 25,000 members with $9 billion in funds under management (FUM) have moved from Qantas Super to ART.
A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling.
A Queensland financial adviser has been banned by ASIC for failing to act in the best interests of his clients and failing to prioritise their interests.
Rest has awarded a US$300 million mandate to Miami-headquartered investment manager I Squared Capital for its infrastructure credit strategy.
Unveiled today, the Betashares Moderately Geared Managed Account Portfolios, now added to North, are designed to increase exposure to defensive assets and income, offering a cost-effective way to ...
Trading platform Pearler is taking on the superannuation sector in launching Pearler Super and will shortly release HomeSoon to help young Australians maximise the First Home Super Saver Scheme (FHSSS ...
Plenary Group has named its new chief executive as incumbent David Lamming exits the post on July 1. Chief investment officer Paul Crowe takes over the top job. He joined the firm in 2005, involved in ...
The newly established entity - WTL & MWP Investco (Investco) - intends to provide strategic growth capital to high-potential financial advice firms across Australia. In line with Merchant's Wealth's ...
The Reserve Bank and regulator have written an open letter saying they are "increasingly concerned and deeply disappointed" over the management of operational risk at the ASX.
Funds SA has announced the appointment of Guy Debelle as chair of the Funds SA board from 24 April 2025. Debelle joined the board in July 2024 after having spent 25 years at the Reserve Bank of ...
Minister for financial services Stephen Jones has ruled out talk that the new class of adviser could provide holistic personal retirement advice and acknowledged the need to reform the Compensation ...
The total cost to keep APRA's enforcement activity going is set to be $243 million in the 2026 financial year, with the superannuation industry taking up about 30% of this amount.