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Editor's Choice

Ausbil shutters $27m long short fund

RIDDHIMA TALWANI  |   12:15PM
Ausbil Investment Management has shuttered its Long Short Focus Fund, with $27 million in funds under management (FUM).

Ageing dynamics require holistic retirement planning: La Trobe

MATTHEW WAI  |   12:18PM
As more Australians enter retirement, the phase increasingly resembles a "distinct" economic life cycle, making better retirement planning essential rather than just an opportunity for financial advisers.

Aware Super elevates data and AI with new promotions

VINNY VUCAGO  |   12:26PM
Artificial intelligence (AI)and data analytics are becoming increasingly central to investment decision-making, with Aware Super reshaping its investment leadership to strengthen how technology informs portfolio strategy.

Challenger open to TAL takeover at a better price

RIDDHIMA TALWANI  |   12:14PM
Challenger will continue to engage with TAL Daiichi Life to get a better offer price, after it rejected the takeover bid earlier this week, stating the offer falls short of a level it could recommend to shareholders.

Financial Planning

Ageing dynamics require holistic retirement planning: La Trobe

MATTHEW WAI  |    12:18PM   As more Australians enter retirement, the phase increasingly resembles a "distinct" economic life cycle, making better retirement planning essential rather than just an opportunity for financial advisers.

Showcase: A sharp lens on global infrastructure

THE FINANCIAL STANDARD TEAM   Ask any financial adviser what they look for in a fund manager and they'll likely name three traits: proven expertise, product endurance and institutional edge.

Investment

Ausbil shutters $27m long short fund

RIDDHIMA TALWANI  |    12:15PM   Ausbil Investment Management has shuttered its Long Short Focus Fund, with $27 million in funds under management (FUM).

Challenger open to TAL takeover at a better price

RIDDHIMA TALWANI  |    12:14PM   Challenger will continue to engage with TAL Daiichi Life to get a better offer price, after it rejected the takeover bid earlier this week, stating the offer falls short of a level it could recommend to shareholders.

Insurance

TPD claims drive insurance disputes

VINNY VUCAGO   Australia's life insurers continue to accept most claims, but total and permanent disability (TPD) and disability income insurance claims remain the main sources of disputes and delays, according to the latest data from APRA and ASIC.

Genetic testing ban takes effect for life insurance

VINNY VUCAGO   Australians can access genetic testing without risking discrimination in life insurance under a new ban that took effect on October 8, with the Australian Financial Complaints Authority (AFCA) also updating its rules to handle complaints involving adverse genetic test results.

Retirement

Guaranteed income gives retirees 'licence to spend': JPMAM

RIDDHIMA TALWANI   Retirees with a higher share of guaranteed income spend 44% more, according to J.P. Morgan Asset Management (JPMAM) portfolio manager and head of target date strategies Daniel Oldroyd.

Rent stress threatens retirement security

VINNY VUCAGO   Declining home ownership is deepening Australia's housing divide, with lower-income households facing growing rental stress and potentially entering retirement with significantly less wealth, according to the Actuaries Institute.

Economics

Inflation hits 4.3%, RBA says it remains 'too high'

RIDDHIMA TALWANI   Australia's inflation rose to 4.3% in the 12 months to September, according to the latest data from the Australian Bureau of Statistics (ABS).

Global recession 'a very low probability': JPMAM

ELIZA BAVIN   Looking ahead to 2027, JPMAM believes the fixed income market is full of potential despite earlier concerns of a global recession.

Regulatory

ASIC proposes extending tax advice exemption for licensees

RIDDHIMA TALWANI  |    12:18PM   ASIC is proposing to keep a tax advice carve-out for licensees for another five years, allowing advisers and accountants to comment on the tax implications of financial products that fall outside their AFSL, provided they give clients a written warning.

FAAA calls for tougher oversight across all MISs

VINNY VUCAGO   The Financial Advice Association Australia (FAAA) has called for all managed investment schemes (MISs) to be registered with ASIC, arguing stronger regulatory visibility is needed to reduce the risk of major fund collapses and investor losses.

Executive Appointments

Natixis names institutional sales director

STAFF WRITER  |    1:55PM   Natixis Investment Managers has appointed Lachlan Hodgkinson as director, institutional sales.

Aware Super elevates data and AI with new promotions

VINNY VUCAGO  |    12:26PM   Artificial intelligence (AI)and data analytics are becoming increasingly central to investment decision-making, with Aware Super reshaping its investment leadership to strengthen how technology informs portfolio strategy.

Superannuation

AustralianSuper rolls out new investment data platform

VINNY VUCAGO   AustralianSuper has implemented a new investment data platform designed to improve portfolio oversight, risk management and decision-making as the superannuation fund expands its global operations.

The risks keeping APRA's new deputy chair up at night

RIDDHIMA TALWANI   The Australian Prudential Regulation Authority's (APRA) new deputy chair David Bradbury said the risks that keep him awake at night are those with the potential to threaten the financial stability of the super system or cause catastrophic losses for members.

Technology

Super funds lend voice to tokenisation

VINNY VUCAGO  |    12:18PM   AustralianSuper, Aware Super and Australian Retirement Trust are among the superannuation funds joining a new advisory group established by the Reserve Bank of Australia (RBA) and Digital Finance CRC (DFCRC) to help shape the development of tokenised in wholesale financial markets.

Digital assets on the right path: Industry

MATTHEW WAI   Digital asset providers have evaluated the October deadline and ASIC's consultation on the looming digital asset laws and determined that these developments mark a pivotal point on the sector's implementation journey.

Family Office

Australia's family offices surpass $323bn in assets

RIDDHIMA TALWANI   Family offices in Australia have surpassed $323 billion in assets, according to data from Rainmaker Information.

Mining, property fuel Aussie billionaires' wealth

KARREN VERGARA   Australian billionaires' riches are highly concentrated in mining, financial services, technology and property, accounting for 0.7% of the total US$15.1 trillion in global wealth studied by the 2026 Billionaire Census.