Newspaper
Financial Standard
REI Super returns double digits
REI Super, an industry superannuation fund primarily for real estate professionals, has returned 10.34% in its MySuper option for the year ended 30 June 2025.
1 min |
August 11, 2025
Financial Standard
FSC explores if adviser licensing framework remains ‘fit for purpose’
The Financial Services Council (FSC) has released a green paper addressing the case for reforming Australia's financial advice licensing framework to better progress the advice sector against today's challenges.
1 min |
August 11, 2025
Financial Standard
ETF Shares awards mandate
Following its launch earlier this year, ETF Shares has selected Apex Group to provide end-to-end fund administration and custodian services.
1 min |
August 25, 2025
Financial Standard
PC suggests removing excessive entry requirements
In its fourth of five papers addressing productivity hurdles in Australia's economy ahead of the government's Economic Reform Roundtable, the Productivity Commission (PC) has recommended paring back some of the entry requirements that have impacted adviser numbers.
2 min |
August 25, 2025
Financial Standard
Payday super delays will cost workers: ASFA
The Association of Superannuation Funds of Australia (ASFA) has called on the government to get payday super reforms signed into law as soon as possible before the proposed start date of 1 July 2026.
1 min |
August 25, 2025
Financial Standard
HSBC awarded Allianz mandate
HSBC has been appointed global custodian and fund administrator for the general and life insurance businesses of Allianz operating in Australia.
1 min |
August 25, 2025
Financial Standard
Ares launches infra fund
Ares Management has launched the Ares Core Infrastructure Fund (AUT), an Australian-domiciled unit trust designed to provide wholesale and advised retail clients access to Ares Core Infrastructure Fund (ACI).
1 min |
August 25, 2025
Financial Standard
Trump looks to open 401(k)s to private markets
Citing better returns and diversification benefits, US President Donald Trump signed an executive order to allow alternative assets, including cryptocurrencies, into 401(k) plans.
1 min |
August 25, 2025
Financial Standard
Fundie guilty of insider trading
A former employee of Kerr Neilson's family office, Rodney Forrest, has been charged with insider trading and procuring others to trade Platinum Asset Management shares.
1 min |
August 25, 2025
Financial Standard
Advice practice valuation gap priced at $1.1m
Financial advice businesses have an estimated $1.1 million valuation gap, a new survey from Colonial First State (CFS) shows, as most advisers are not prepared for the planned and unplanned sale of their practices.
1 min |
August 25, 2025
Financial Standard
ASIC looks at direct life sales
ASIC is warning life insurers to do better when it comes to their direct sales practices that have placed doubt on their compliance obligations and put consumer outcomes at risk.
1 min |
August 25, 2025
Financial Standard
Legal costs weigh on AMP
Costs associated with remediation and its simplification strategy put a slight dent in AMP’s half-year net profits, coming in at $98 million.
2 min |
August 25, 2025
Financial Standard
Mercer Super sued over ‘systemic’ failures
Mercer Super allegedly failed to report seven investigations it undertook into serious member services failures, including one into premiums charged to dead members being refunded incorrectly.
1 min |
August 25, 2025
Financial Standard
Ban for UGC director upheld
The Administrative Review Tribunal has upheld ASIC's decision to ban United Global Capital (UGC) director Joel James Hewish for 10 years, after he lodged a review of the ban handed down in June 2024.
1 min |
August 25, 2025
Financial Standard
Norway sovereign wealth fund divests 11 Israeli companies
Norway's US$2 trillion sovereign wealth fund has severed ties with 11 Israeli companies and is in the process of terminating mandates with external managers based in Israel.
2 min |
August 25, 2025
Financial Standard
With physical risk, collaboration is key
For institutional investors, physical climate risks — floods, wildfires, extreme heat, and cyclones — are no longer distant possibilities; they are financial realities. These risks threaten asset values, disrupt operations, and erode long-term returns. But the central problem is not simply one of scientific modelling - it is structural.
4 min |
August 25, 2025
Financial Standard
UniSuper's Chun honoured by FEAL
UniSuper chief executive Peter Chun was named the 2025 Fund Executive Association Limited's (FEAL) Fund Executive of the Year at the FEAL National Conference.
1 min |
August 25, 2025
Financial Standard
High-risk super options pay off: Morningstar
Superannuation funds delivered strong performance in Q2 2025, particularly among higher-risk options, according to Morningstar's inaugural Superannuation 360 Quarterly report.
1 min |
August 25, 2025
Financial Standard
HUB24 reports record inflows
HUB24's annual results show the platform had $19.8 billion in inflows over the year, $4 billion of which came from large migrations.
1 min |
August 25, 2025
Financial Standard
Super fraudster sentenced
Former property developer Michael Steele was sentenced to eight years’ imprisonment after using money invested for a commercial and residential property development on the Gold Coast for his own and the benefit of family members.
1 min |
August 25, 2025
Financial Standard
CBA sets aside $52m for refunds
Commonwealth Bank of Australia (CBA) said it has provisioned $52 million for remediation purposes as it finalises various class actions, including those related to superannuation and advice.
1 min |
August 25, 2025
Financial Standard
Account number issue causes angst, undue admin work
Consent forms missing an account number has resulted in advisers submitting a substantial number of reportable situations to ASIC that can be considered as a breach report, FAAA general manager of policy, advocacy and standards Phil Anderson said.
2 min |
August 25, 2025
Financial Standard
Super funds risk 'falling behind': MUFG
MUFG Retirement Solutions has called for an industry-wide uplift in digital identity and fraud protection capabilities as it works with the Australian government and super funds to pilot a new digital ID tool.
1 min |
August 25, 2025
Financial Standard
Invesco acquires RetireAustralia for $845m
Invesco Real Estate has agreed to acquire RetireAustralia from Infratil and NZ Superannuation Fund for $845 million.
1 min |
August 25, 2025
Financial Standard
PEP takes stake in data centres
Pacific Equity Partners will buy 75% of Spark New Zealand's data centre business.
1 min |
August 25, 2025
Financial Standard
Insignia offloads IOOF Alliances to Entireti
Entireti has acquired IOOF Alliances, a provider of super services for AFSLs, from Insignia Financial for an undisclosed sum.
1 min |
August 25, 2025
Financial Standard
ASIC calls out super ‘leaders and laggards’
ASIC commissioner Simone Constant has told super trustees more needs to be done to meet obligations under the Retirement Income Covenant.
2 min |
August 25, 2025
Financial Standard
Six months in: Reflections on ownership
It's been about six months now since Strategic Wealth has been fully under new leadership. For context, I've been a shareholder in the business for a few years, alongside the four other partners.
2 min |
August 25, 2025
Financial Standard
Family offices back climate fund
Multiple family offices including Wollemi Capital Group, Tripple, Understorey Ventures, clients of Argus Advisory, along with climate investor John McKinnon, are backing Ecotone Partners' new Planet Fund.
1 min |
August 25, 2025
Financial Standard
Wealth managers drowning in cyber risk
Wealth managers are struggling to bed down cybersecurity basics amid a deluge of breaches exposing critical vulnerabilities in governance and risk management policies and an overall lack of urgency in tackling the issue.
3 min |