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10 September 2025 by Adrian Suljanovic

Are big banks entering a new cost-control cycle?

Australia’s biggest banks have axed thousands of jobs despite reporting record profits over the year, fuelling concerns over cost-cutting, offshoring ...
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How $2.68tn is spread across products and investments

Australia’s $2.68 trillion superannuation system is being shaped not only by the dominance of MySuper and Choice ...

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Private credit growth triggers caution at Yarra Capital

As private credit emerges as a fast-growing asset class, Yarra Capital Management remains cautious about the risks that ...

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CBA flags end of global rate-cutting cycle

The major bank has indicated that central banks are nearing the end of their rate-cutting cycles, while Trump’s pressure ...

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ETF market nears $300bn as international equities lead inflows

The Australian ETF industry is on the cusp of hitting $300 billion in assets under management, with VanEck forecasting ...

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Lonsec joins Count in raising doubts over Metrics funds

Lonsec has cut ratings on three Metrics Credit Partners funds, intensifying scrutiny on the private credit manager’s ...

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Planning group hires operations head

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By
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1 minute read

Industry Funds Financial Planning (IFFP) has hired Tony Clarke as national practice Manager for operations.

Industry Funds Financial Planning (IFFP) has hired Tony Clarke as national practice Manager for operations.

Clarke will be responsible for staff, budget and the financial management of IFFP.

IFFP has tripled in size in the past three years.

The firm manages about $500 million a year in funds under advice.

IFFP works on a fee-for-service model and services 31 industry superannuation funds. In July 2006, the company was absorbed into Members Equity Bank as part of a $26 billion merger between its parent, Industry Funds Services, and Members Equity.