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Financial Standard

ASIC sues Fortnum

ASIC is suing Fortnum Private Wealth for allegedly failing to manage and comply with its cybersecurity obligations that exposed the information of its financial advisers and clients.

1 min  |

July 28, 2025

Financial Standard

Why Asia stands out for equity investors

Asia offers abundant growth opportunities for equity investors, presenting numerous attractive prospects across its diverse markets.

5 min  |

July 28, 2025

Financial Standard

Adviser exodus puts retirement savings at risk: CPA

CPA Australia says the drastic exodus of financial advisers has put Australians’ retirement money at risk, possibly leading them to invest in higher-risk schemes.

1 min  |

July 28, 2025

Financial Standard

Missing personal information can boost retirement income

Considering personal and financial circumstances for retirees could increase their retirement incomes between 3% and 51%, according to a new Vanguard study.

1 min  |

July 28, 2025

Financial Standard

ASIC ‘probe’ positive for private credit

A number of private credit managers in Australia have taken part in a survey supplied by the corporate watchdog as it continues to probe the sector.

3 min  |

July 28, 2025

Financial Standard

Unemployment data throws 'curveball' at RBA

The unemployment rate rose from 4.1% to 4.3% in June, according to data released by the Australian Bureau of Statistics (ABS).

1 min  |

July 28, 2025

Financial Standard

TAL, Challenger launch MLC Retirement Boost

MLC has partnered with TAL and Challenger to develop a retirement income solution - MLC Retirement Boost.

1 min  |

July 28, 2025

Financial Standard

Financial services professionals pocket 12% pay rise

Financial services employees saw their pay packets rise 12% in the last 12 months, according to Hay's annual Salary Guide, outpacing salary growth for lawyers and technology professionals.

1 min  |

July 28, 2025

Financial Standard

ISS MI acquires Autus

ISS Market Intelligence (ISS MI) has acquired UK-based Autus Data Services, a provider of data, analytics and insights to the global financial services industry.

1 min  |

July 28, 2025

Financial Standard

Hostplus extends MetLife contract

Hostplus has extended its group insurance partnership with MetLife Australia until June 2028.

1 min  |

July 28, 2025

Financial Standard

Will you accept this rose?

In season six of the Bachelor Australia, the bachelor, Nick Cummins, did something unprecedented on reality television that shocked the nation.

2 min  |

July 28, 2025

Financial Standard

Treasury consults on product labels

The government has initiated a consultation phase on sustainable investment product labelling, releasing a paper aligning to its Sustainable Finance Roadmap.

1 min  |

July 28, 2025

Financial Standard

How MAs empower advisers to stand out and scale up

Managed accounts, particularly custom solutions, enable practices to deliver more personalised advice, maintain control over their investment philosophy, and differentiate themselves in the market.

2 min  |

July 14, 2025

Financial Standard

Major airport lands TelstraSuper as new investor

TelstraSuper is making a strategic investment in New York's John F. Kennedy International Airport as it undergoes a major redevelopment.

1 min  |

July 14, 2025

Financial Standard

Vanguard, CFS deliver strong FY25 returns

The two retail superannuation funds delivered strong returns for members, but it was the low-cost, indexed-based strategy that outmuscled the other.

1 min  |

July 14, 2025

Financial Standard

Navigating private credit in a late- cycle environment

For investors, the challenge is clear: cash earns little, but rushing into deals risks overpaying for weaker assets.

4 min  |

July 14, 2025

Financial Standard

Super funds given reprieve from Trump's 'Big Beautiful Bill'

Section 899 of US President Donald Trump's 'Big Beautiful Bill' was abandoned after institutional investors expressed concerns over the retaliatory tax proposal.

1 min  |

July 14, 2025

Financial Standard

Desktop Broker, Briefcase partner

Desktop Broker, part of Bell Financial Group, has partnered with direct indexing platform Briefcase to deliver direct indexing capabilities and institutional-grade ETF model portfolios to financial advisers and wholesale investors.

1 min  |

July 14, 2025

Financial Standard

Banned director jailed for contempt

A former company director has received a prison sentence after he was found to have continued to run a financial services business despite having been banned from doing so.

1 min  |

July 14, 2025

Financial Standard

L1 Capital, Platinum seal merger deal

The two parties have entered a merger implementation deed, with the Platinum name to be retired from the entity and the newly created 'MergeCo' to be listed under a new ticker code.

2 min  |

July 14, 2025

Financial Standard

ASIC funding levy to charge advisers $46.2m

The financial advice sector can expect to contribute $46.2 million to ASIC's industry funding levy for the 2025 financial year, new estimates show.

1 min  |

July 14, 2025

Financial Standard

Legalsuper celebrates double digit returns

Legalsuper expects to close out the financial year with a return of more than 11% for its MySuper product.

1 min  |

July 14, 2025

Financial Standard

Brite Advisors auditor surrenders

ASIC has accepted a court enforceable undertaking from DM Advisory Services principal David Makowa, the auditor of Brite Advisors.

1 min  |

July 14, 2025

Financial Standard

AustralianSuper's MySuper option returns 9.5%

AustralianSuper's MySuper option delivered 9.5% p.a. for members in the 2025 financial year, slightly trailing behind its peers.

1 min  |

July 14, 2025

Financial Standard

Tale of two halves

As the 2024/25 financial year wraps up, equity markets delivered strong returns, and even bond markets both at home and overseas shed their lacklustre form, delivering 7% and 5% returns respectively.

1 min  |

July 14, 2025

Financial Standard

SIAA chief executive to retire from role

Stockbrokers and Investment Advisers Association (SIAA) chief executive Judith Fox01 will retire at the end of 2025 once a replacement has been appointed.

1 min  |

July 14, 2025

Financial Standard

Brighter Super default members earn 11% in FY25

Brighter Super’s MySuper option achieved 10.9% p.a. for the 2025 financial year, exceeding performance for the medium and long term.

1 min  |

July 14, 2025

Financial Standard

Prime Value expands fund

Prime Value Asset Management is opening its Prime Value Microcap Fund to retail investors.

1 min  |

July 14, 2025

Financial Standard

Brookfield to divest retirement living platform

Brookfield Asset Management is selling its local retirement home operator Aveo to The Living Company for $3.85 billion.

1 min  |

July 14, 2025

Financial Standard

Aware Super delivers double digit returns

Aware Super has delivered a return of 11.9% for its Future Saver High Growth option - its default MySuper option for under 55s — for the 2025 financial year.

1 min  |

July 14, 2025
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