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Editor's Choice

Trustees, platforms, cyber risk under APRA spotlight

KARREN VERGARA
Superannuation trustees, platforms and cyber resilience will be under more scrutiny in the 2027 financial year from the prudential regulator.

ASIC draws parallels between ASX and super trustee failures

RIDDHIMA TALWANI
ASIC commissioner Simone Constant has urged superannuation trustees to make good use of member data to better understand their needs as they move towards and through retirement.

Perpetual hit with double whammy redemption, impairment

KARREN VERGARA
Perpetual's earnings will be slugged with a massive impairment thanks to an unnamed client redeeming nearly $6.5 billion (US$4.6bn) from a strategy run by Thompson, Siegel & Walmsley LLC (TSW).

GQG hit by $21bn outflows, FUM falls

VINNY VUCAGO
GQG Partners has recorded US$15.1 billion ($21.2 billion) in net outflows in the first half of 2026, sending funds under management (FUM) down 9.5% despite resilient investment performance across several of its strategies.

Financial Planning

First Guardian victims advance in case against InterPrac

KARREN VERGARA   The Federal Court has forced InterPrac Financial Planning to pay two victims of the First Guardian Master Fund that collectively lost a total $465,000.

Frontier Advisers brings Segal Macro, LCP partnership to close

RIDDHIMA TALWANI   Frontier Advisers, Segal Marco Advisers and Lane Clark and Peacock (LCP) have decided to bring their Global Investment Research Alliance (GIRA) to a close, after 13 years of partnership.

Investment

T. Rowe Price scales fixed income ETF offering via acquisition

RIDDHIMA TALWANI  |    12:05PM   T. Rowe Price has acquired US fixed income asset manager and exchange-traded funds (ETFs) specialist F/m Investments, expanding its capability to provide customised fixed income offerings to investors.

Second bidder emerges for Equity Trustees

MATTHEW WAI  |    11:45AM   Following TPG Global's initial bid for Equity Trustees' holding company last week, a local investor has joined with an improved offer.

Insurance

AIA Australia reveals stark gender divide in IP claims

KARREN VERGARA   New analysis from AIA Australia finds a stark difference among group insurance income protection claims when it comes to gender, with women leading mental illness and musculoskeletal-related claims.

FEATURE | Group insurance | Dusk to dawn

KARREN VERGARA   Mental-health conditions sit on a broad spectrum. When diagnoses can be as tricky as the illness itself, how are super funds and life insurers responding to the growing crisis within the national income system that's being stretched to its limits?

Retirement

New platform provides guidance for retirees

MATTHEW WAI   A new artificial intelligence (AI) platform has launched to fill a gap that is persisting for retiring members seeking purpose in the retirement phase.

Challenger launches retirement research institute

RIDDHIMA TALWANI   Challenger has launched the Institute for Lifetime Income, an advocacy and insights platform focused on improving financial and longevity literacy.

Economics

Albanese pushes Trump on tariff exemption

RIDDHIMA TALWANI   Prime Minister Anthony Albanese asked US President Donald Trump to consider a full exemption on tariffs for Australia, or at the very least no increase from the current 12.5% subject on Australian exports to the US.

RBA on hold but keeps door open for more hikes

ELIZA BAVIN   The Reserve Bank of Australia has kept the door open for further tightening despite keeping the cash rate steady at 4.35%.

Regulatory

ASIC draws parallels between ASX and super trustee failures

RIDDHIMA TALWANI   ASIC commissioner Simone Constant has urged superannuation trustees to make good use of member data to better understand their needs as they move towards and through retirement.

Federal Court confirms Netwealth's First Guardian failures

MATTHEW WAI   The Federal Court has declared Netwealth Superannuation Services and Netwealth Investments contravened the Corporations Act in relation to the First Guardian Master Fund.

Executive Appointments

DigiCo interim chief to step down, successors named

MATTHEW WAI   DigiCo Infrastructure REIT (ASX: DGT) has appointed two executives to continue lead the business, effective 21 August 2026, with interim chief executive Chris Maher to step down on the same day following former chief executive Michael Juniper's departure in March.

Nanuk lands AustralianSuper investment heavyweight

MICHELLE BALTAZAR   Nanuk Asset Management adds serious firepower to its investment team when it appointed Oliver Johnson, formerly at AustralianSuper, early this month.

Superannuation

HESTA reduces fees, minimum balance for income stream

MATTHEW WAI  |    11:36AM   HESTA will reduce administration fees and lower the minimum balance required to start an income stream account from September 30.

Trustees, platforms, cyber risk under APRA spotlight

KARREN VERGARA   Superannuation trustees, platforms and cyber resilience will be under more scrutiny in the 2027 financial year from the prudential regulator.

Technology

Centuria, ResetData advance AI data centre rollout

VINNY VUCAGO   Centuria Capital Group and AI infrastructure business ResetData have partnered with CDC Data Centres to develop AI data centre infrastructure.

Zerocap expands insto crypto trading capabilities

MATTHEW WAI   Zerocap, the Smorgon family-backed crypto currency investment platform, has announced a new partnership to scale its institutional crypto and FX trading capabilities.

Family Office

Family businesses turn to external chief executives: Deloitte

RIDDHIMA TALWANI   While family members will largely remain at the helm of family businesses post-succession, a Deloitte Private report anticipates a meaningful shift globally, with more businesses preferring outside professionals to step into the chief executive roles.

MST Financial broadens services to Alder & Partners

KARREN VERGARA   MST Financial has broadened its services for Alder & Partners Private Wealth Management, providing "institutional-grade investments" across managed accounts, asset allocation and research.