Dec 20, 2024 · McLean pointed to US deregulation and the recent passing of the Treasury Laws Amendment (Mergers and Acquisitions Reform) Bill 2024 in Australia which will play an important role in revitalising the space across the US and Australia.. The bill passed Parliament on November 28, coming into effect from 1 January 2026, but according to the Australian Competition and Consumer Commission (ACCC), it ...

Oct 28, 2024 · Cbus Super has launched its new financial advice offering, Advice Essentials Plus, which is a step up from its intra-fund advice service. Advice Essentials Plus is the third option on Cbus's financial advice menu, which currently comprises …

Nov 20, 2024 · Treasurer Jim Chalmers announced new reforms the government will be rolling out for Australia's superannuation system. Speaking at the annual Association of Superannuation Funds of Australia (ASFA) conference, Chalmers gave an address laying out the reforms, which focus on improving retirement outcomes for Australians.

Dec 3, 2024 · Keystone Asset Management will be liquidated, as ASIC investigates exactly what's happened to funds invested in the Shield Master Fund. Keystone Asset Management (KAM) was the responsible entity for the Shield Master Fund, the assets of which were frozen by ASIC in June while it investigated potential misconduct.

Oct 4, 2024 · They are joined by three new hires. Damien Mitchell and Andrew Osborne are both senior investment directors for real assets, while Matthew Choi is the senior investment director of private credit.

Dec 3, 2024 · Alan Oster will retire from NAB as chief economist after 32 years in the role, with Sally Auld set to replace him. Oster, who will finish at NAB at the end of March 2025, joined NAB in 1992 and built a respected economics function, the bank said.

Oct 31, 2024 · Warakirri Asset Management is winding up the Flinders Emerging Companies Fund, saying it's in the best interests of all investors. The fund was launched in September 2015 and only has about $105 million in funds under management.

Oct 4, 2024 · ANZ and OnePath superannuation customers may be entitled to get their super back after Slater and Gordon secured a $50 million class action settlement.

Oct 21, 2024 · ESSSuper is moving members in its default investment option to the newly launched Balanced Growth Managed option.. Members currently in the Balanced option will move to the Balanced Growth Managed option for Accumulation Plan and beneficiary accounts on November 22 unless they inform the super fund otherwise.

Nov 6, 2024 · Australian Unity has announced the sale of its banking business to Bank Australia, with the transfer set to be complete in late 2025. Under the agreement, Bank Australia will acquire Australian Unity banking customers and their existing loans, credit cards and deposit accounts, which at 30 June 2024 sat at approximately 25,000 customers, $1.4 billion in loans and credit, and $1.6 billion in ...