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Mergers & Acquisitions
03 November 2025 by Georgie Preston

Cboe to exit Australia

Just weeks after receiving ASIC approval to operate as a listings market, the alternative exchange has announced its decision to sell the Australian ...
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Westpac NPAT declines to $6.9bn amid heated competition

The major bank has reported lower net profit after tax as competitive pressures and investment spending weigh on margins ...

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‘Yield is destiny’ as PGIM backs bond bull market

Bonds are in a rare, income-led bull market with Fed rate cuts likely to further extend the rally, according to the ...

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Chalmers pushes Australia as global capital magnet

Treasurer Jim Chalmers has pitched Australia as the world’s most compelling investment destination amid rising ...

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AustralianSuper shakes up executive team

Chief member officer, Rose Kerlin, has been promoted to deputy chief executive in an expanded capacity which will see ...

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Future Fund surpasses $200 billion milestone 

Investment returns for the Future Fund hit a milestone in September, adding $200 billion in value for the first time ...

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Principle hires super trustee

  •  
By Christine St Anne
  •  
2 minute read

Principle Advisory Services has hired former MTAA Superannuation Fund trustee John Rickus as its chair.

Principle Advisory Services has hired former MTAA Superannuation Fund trustee John Rickus as its chair.

"The appointment of Rickus consolidates the growth of our business. The company has grown to 10 people since it began five years ago and we are now just formalising our business structure," Principle director Lachlan Douglas said.

Rickus has more than 11 years experience as a superannuation fund trustee and is a director of Adelaide Airport, Brisbane Airport and chair of Flinders Ports.

He is also the independent chair of the audit committee of the Federal Court of Australia.

 
 

"We will gain immeasurable insight from his counsel across a range of industry issues that he has encountered as a trustee. Principle sees the super funds as our real clients, and John knows how these funds tick, what services they require and what they will need going forward," Principle founder and managing director Les Fallick said.