ASIC is suing Australian Unity Funds Management for allegedly failing to ensure retail investors fit the suitable target market for its investment product, the Select Income Fund.

Almost a year after criminal charges were brought against them, four people who were part of the 'ASX Pump and Dump Group' have pleaded guilty.

Superannuation funds had $400 billion invested in private market assets, jumping 34% in the two years to June 2024, Rainmaker Information analysis of APRA data shows.

Prime Minister Anthony Albanese announced at the National Press Club yesterday that Treasurer Jim Chalmers will convene a roundtable in August to support and shape the government's growth and ...

Labor is proposing several reforms to giving or ancillary funds that include increasing the annual distribution rate and smoothing out minimal distributions over three years.

Fidelity International has unveiled its first global equity separately managed account (SMA) in Australia, with support from private wealth partner Emanuel Whybourne & Loehr.

Rest has appointed Simone Van Veen as chief member officer, taking over from general manager, brand and member experience Andrew Ford who stepped in as interim chief member officer following the ...

The Secretary of the Department of Finance will make history as the first woman to lead Treasury, commencing June 16.

State Street Global Advisers (SSGA) is the largest asset management firm in Australia by locally sourced assets under ...

Perpetual is mulling a partnership with Partners Group's Australian arm to develop products and investment strategies for public and private assets.

King's Birthday honours list featured several heavyweights from the superannuation, funds management and sustainable investing sectors.

GESB is making a range of changes to its group insurance offering, reducing some premium rates and implementing premium waivers for some members.