Financial Standard

HNW clients value quality over fees: Praemium

VINNY VUCAGO  |    11:39AM   High-net-worth (HNW) Australians who receive ongoing financial advice are more confident in their investments than those managing their wealth alone, new research from Praemium and CoreData found.

TAL launches new campaign focused on mental health

VINNY VUCAGO   TAL has launched a new campaign, working with youth media group The Daily Aus, and partners with the AFLW, aimed at promoting mental wellbeing.

Metrics freezes redemptions behind listed funds as audit stalls

RIDDHIMA TALWANI  |    12:36PM   Metrics Credit Partners has suspended redemptions in the unlisted wholesale funds that underpin its three ASX-listed strategies, according to an ASX statement by the funds' responsible entity.

FEATURE | Nature risk | Paved paradise

KARREN VERGARA   The financial, operational and reputational risks associated with nature loss can no longer be ignored and there is no question that it belongs in financial reporting. So, what's holding companies back?

Australian life insurers lag global peers: Capgemini

MATTHEW WAI   A new survey from Capgemini found that Australian life insurers are stowed behind the global average when it comes to member engagement and educational efforts.

AIA Australia rolls out TPD CORE

KARREN VERGARA   AIA Australia has launched TPD CORE, a new retail product that charges lower premiums and provides clearer claim assessment criteria for total and permanent disability (TPD).

Longevity gap exposes retirement divide

VINNY VUCAGO   Australian's life expectancy can vary by more than a decade depending on their socio-economic circumstances, highlighting significant differences in how long people may need their retirement savings to last, new research from Actuaries Institute found.

CFS launches retirement income optimiser

VINNY VUCAGO   Colonial First State (CFS) has launched a new retirement feature designed to give eligible super members greater flexibility in preparing for retirement and accessing future income options.

Lowe slams government spending

ELIZA BAVIN  |    11:54AM   Former RBA governor Philip Lowe has slammed government spending, public policy and overregulation revealing his thoughts on the current state of the economy.

Interest rates at highest level in 15 years

MATTHEW WAI  |    11:45AM   The monetary policy board of the Reserve Bank of Australia unanimously agreed to increase the interest rate by 25 basis points to 4.6%, the highest level since 2011.

APRA flexes fresh powers, zeros in on trustees

ELIZA BAVIN  |    11:50AM   APRA has released a package of proposals to strengthen trustee investment governance saying it has "elevated concerns" about the platform sector.

Developer jailed after $2.2m investment scam

VINNY VUCAGO  |    11:47AM   A Queensland property developer has been sentenced to nine years in prison after pleading guilty to dishonestly applying more than $2.2 million in investor funds to his own use of that of others.

REI Super names chief executive

MATTHEW WAI  |    12:50PM   REI Super has appointed a new chief executive, effective October 1, bringing two decades of industry experience to the role.

PPS Mutual creates new director of strategy role

RIDDHIMA TALWANI  |    12:29PM   PPS Mutual has created a new role of director of strategy to lead the life insurer's long-term strategy and identify opportunities to deliver ongoing value to members.

Equity Trustees pushes bidders for better price

RIDDHIMA TALWANI   Equity Trustees' parent company EQT Holdings' board confirmed it is engaging with its two bidders - TPG Global and BGH Capital - and has pushed for an improved offer from both.

Australian Ethical, Bloomberg join ASFA

VINNY VUCAGO   Stakeholders in the superannuation industry are becoming increasingly diverse despite continued consolidation among funds, with the Association of Superannuation Funds of Australia (ASFA) expanding its membership to include organisations spanning responsible investment, technology, banking and workplace health.

AI overtakes superfunds for investor education

VINNY VUCAGO   Artificial intelligence (AI) has overtaken superannuation funds as a source of investment information among younger, highly knowledgeable Australian investors, according to new research from Global X.

New digital asset trading platform targets HNWs, instos

VINNY VUCAGO   CloudTech Group has launched a digital asset trading platform in Australia giving institutional, high-net-worth and individual investors access to aggregated liquidity, institutional-grade pricing and advanced trading tools.

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.