CommInsure was aware that its definition of “heart attack” for insurance claims was outdated and could potentially result in the rejection of otherwise legitimate claims ...

State Street has appointed Michele Hardeman as the firm’s new head of global markets, Asia-Pacific, effective immediately....

Most financial planning businesses will be eligible for a $20,000 instant asset write-off as part of legislation which passed the Senate on Wednesday....

Just because exchange-traded funds share the same income objectives, doesn’t mean they’ll produce the same results, according to research house, Lonsec. ...

The local ETF industry has reached a new record high of $41.5 billion in funds under management after impressive growth in August, according to BetaShares....

Most financial planning groups may have signed up with the new Australian Financial Complaints Authority, but superannuation funds appear to be dragging their feet....

TAL will today join ClearView and Freedom in being scrutinised by the Royal Commission on the failings of direct life/risk sales business....

Propertylink Group has submitted a non-binding proposal to acquire all the outstanding units in Centuria Industrial REIT....

The Royal Commission has heard that a CommInsure customer was denied a claim following breast cancer treatment, despite two doctors confirming to the insurer that her pro...

The Royal Commission has heard that CommInsure ran misleading and deceptive ads, with Commissioner Kenneth Hayne QC suggesting its reprimand by ASIC for doing so was ligh...

The Royal Commission has heard of TAL’s invasive investigation methods for the purpose of avoiding the approval of income protection policies on the basis of non-disclosu...

Multiple TAL case managers appeared to have instructed investigators to attend hospitals and police stations under false pretences as part of what appeared to be a firm-w...

The Administrative Appeals Tribunal has upheld the Australian Securities and Investments Commission’s decision to ban Perth-based Westpac adviser....

Money Management has looked at the average returns of all sectors in the Australian Core Strategies universe to see which asset classes are more viable than Australian re...

Aoris Investment Management has announced the addition of its unit trust to both Macquarie Investment Manager and Macquarie Investment Consolidator....

Pengana Capital has announced it is working on plans to launch a global private equity listed investment trust....

Charter Hall Direct has announced $126 million of office, industrial and retail asset acquisitions in Sydney and Brisbane....

Australian firms lag on remuneration and disclosure, according to AXA Investment Managers....

Average contributions to self-managed superannuation funds have more than doubled, as trustees take advantage of that increased contribution deductibility from July 2017....

IOOF has agreed to offload its AET Corporate Trust business to financial technology and infrastructure company Sargon for $51.6 million....