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Pengana Capital Group is again attempting to thwart the Wilson Asset Management-led board's share buyback and increased ownership in the Pengana International Equities LIC (PIA), hoping the Takeovers Panel will intervene.

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Shaw and Partners Financial Services' new-look asset management business has jumped in headcount with the addition of an investment director and two analysts while also expanding its investment menu as it ambitiously aims to exceed the $50 billion of assets it currently manages.

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ASFA has named a new C-suite appointment, set to join on September 21 from Rest to strengthen its policy implementation initiative.

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State Super, the SAS Trustee Corporation, has named a new member of its board, saying the appointment will add to the trustee's governance structure.

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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).

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