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Mercer Super hit with $10.3 million Federal Court penalties

Mercer Super hit with $10.3 million Federal Court penalties

One of Australia's largest super funds, Mercer Super, has been hit with $10m in Federal Court penalties over systemic reporting failures.
ASIC report findings hit platform super trustees

ASIC report findings hit platform super trustees

ASIC has fired a warning shot over the bows of platform superannuation trustees after negative findings in a new report.
More data confirms industry fund outflows challenge

More data confirms industry fund outflows challenge

Further analysis has confirmed the challenge for industry funds in retaining members in the face of leakage to SMSF establishments.
Using social media on phone and laptop

Social media least trusted but one of most consulted on retirement

Yasmine Raso 29 June 2026

Financial Planning

No Comments

Younger Aussies are just as mistrustful of social media as older Aussies for retirement info but are still more likely to still use it, says ASFA.

Market graphs on top of map of Europe

Non-US equities the durable option – ClearBridge

Mike Taylor 29 June 2026

Funds Management

No Comments

ClearBridge Investments has used its mid-year outlook to make the case for non-US equities citing improving earnings and conditions.

Senior leadership appointment

Meulman replaces Kelly on Life CCC panel

Binaya Dahal 29 June 2026

Life Insurance

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The Life Insurance Code Compliance Committee has announced the appointment of Anna Meulman as its new Consumer Member. 

Inflation barometer

Apple price hikes signal AI inflation: deVere

Binaya Dahal 29 June 2026

Investment

No Comments

Nigel Green of deVere Group said Apple’s decision to raise prices is an early warning that inflation is finding a new route into the economy.

ASIC sues Binance for consumer protection failures

ASIC initiates more action against Keystone directors

Mike Taylor 26 June 2026

Funds Management

No Comments

ASIC has initiated further action against the directors of Keystone Asset Management over the collapse of the Shield Master Fund.

Right or wrong

FSC research backs super platforms, choice

Mike Taylor 26 June 2026

Financial Planning

No Comments

The FSC has produced new research backing platform-based superannuation and the need to avoid restricting choice of super fund.

So what

AIOFP platform ambitions unfazed by EQT

Mike Taylor 26 June 2026

Financial Planning

2 Comments

AIOFP boss, Peter Johnston has reassured members that white label platform plans are unaffected by EQT’s super trustee exit decision.


INDUSTRY NEWS

In a world without bank hybrids, what’s next for income investors?

Financial Newswire Contributor 23 June 2026

Industry News

No Comments

As bank hybrids are being phased out, many investors are seeking new ways to generate reliable income. And subordinated debt is stepping in.

Trade Finance whitepaper: Access uncorrelated alpha potential

Financial Newswire Contributor 5 June 2026

Industry News

No Comments

Trade finance has demonstrated resilience across global shocks, combining short‑duration, self‑liquidating structures with historically low volatility

Investing Across the Bond Market Cycle

Financial Newswire Contributor 1 June 2026

Industry News

No Comments

With government debt at record highs, what other areas of the bond market could potentially enhance a portfolio’s defensive characteristics?

Re-thinking TPD: Why Severity Matters More Than Ever

Financial Newswire Contributor 1 June 2026

Industry News

No Comments

From an interview with MyRisk Adviser, this article explores how TPD Severity can support clearer advice and better client outcomes.


EOFY

Adviser EOFY exits slow

Mike Taylor 26 June 2026

Financial Planning

No Comments

Financial adviser exits from the FARA have slowed over the past week with the end of the financial year just days away.

Digital advice

FPSB holds advisers liable for AI bias, privacy risk

Binaya Dahal 26 June 2026

Financial Planning

No Comments

FPSB’s CEO Dante De Gori said the new guidance embraces the benefits of AI for advisers while reinforcing that they remain responsible.

Hand tops growing coins

US firm takes minority stake in AFPG

Yasmine Raso 25 June 2026

Financial Planning

No Comments

US capital investment firm, Kudu Investment Management, has sought a minority stake in Sydney-based Australian Financial Planning Group.

Pay day inked on calendar

Payday super triggers system changes, concerns for employers

Yasmine Raso 26 June 2026

Superannuation

No Comments

Employer sentiment remains broadly positive despite ‘significant’ changes incoming ahead of payday super according to new research from Rest.

Inspector Clouseau character

APRA investigating Diversa over exec remuneration

Mike Taylor 25 June 2026

Superannuation

No Comments

The Australian Prudential Regulation Authority has announced it is investigating Diversa over executive remuneration decision-making.

Australia and NZ

Novigi crosses Tasman as Apex onboards Mercer NZ

Mike Taylor 25 June 2026

Fintech

No Comments

Fast-growing technology group Novigi is to establish in NZ as part of Apex Group to onboard Mercer NZ’s fund admin operations.

AI spending broadens beyond hyperscalers

Binaya Dahal 26 June 2026

Investment

No Comments

T. Rowe Price’s Jason Adams said AI capex opportunity set is broadening meaningfully to less obvious beneficiaries.

EOFY prompts capital allocation review: Connolly

Binaya Dahal 25 June 2026

Investment

No Comments

InvestmentMarkets’ CEO Darren Connolly said EOFY should not be treated as just a last-minute administrative tidy-up.

Graphic of costs text riding a red arrow upwards

ANAO reveals cost to industry of scams framework

Mike Taylor 25 June 2026

Financial Planning

One Comment

An ANAO report has revealed the multi-million dollar degree to which industry will be billed to fund the Govt’s Scams Prevention Framework.