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Regulation
03 July 2025 by Keith Ford

ASIC levy for investment and super sector set to rise 9%

The corporate regulator has released its estimated industry levies for FY2024–25, with the cost for the investment management and superannuation ...
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Diversified portfolios deliver for industry funds as markets flourish

Another strong year for equities, both domestic and global, has driven largely positive returns for these industry super ...

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VanEck warns of looming US asset unwind as key risk signals flash red

VanEck has signalled an impending major unwinding in US assets, after issuing a warning that the world is largely ...

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Metrics makes 2 acquisitions ahead of consumer lending expansion

Metrics Credit Partners has completed the acquisition of Taurus Financial Group and BC Investment Group as it looks to ...

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Barclays Australia country CEO set to relocate to Singapore

Barclays has announced Richard Satchwell will relocate to Singapore to take charge of the region’s debt and equity ...

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AMP sued by Dexus over property disposal

AMP has announced to the ASX that it is being sued by property fund manager Dexus regarding the sale of its real estate ...

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ESSSuper appoints Puli as CEO

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2 minute read

ESSSuper has named Mark Puli as its new chief executive.

ESSSuper has named acting chief executive Mark Puli as its new permanent chief.

Puli has been chief financial officer of the $16 billion fund since 2009, and was appointed acting chief executive in June last year after the resignation of Michael Dundon, who now heads up VicSuper.

"Mark brings to the CEO position proven skills and abilities along with personal qualities that enable ESSSuper to face the challenges of the changing superannuation industry with confidence," ESSSuper president Frank King said.

"Members can be assured that the existing high levels of service and sound fund performance will continue."

 
 

ESSSuper also appointed John Simpson as a government nominee to the board.

Simpson is managing director of John P Simpson and Associates and was a former strategic adviser to the National Australia Bank group chief executive's office.

He has also worked as a senior executive with Shell both, in Australia and internationally.