ASX

Financial planning

Centrepoint draws line under insurance investment

Centrepoint Alliance has signalled a strong move away from product development and towards advice servicing, ending its investment in NEOS Life....

Superannuation

Loss of franking credits will see SMSFs take investments offshore

Self-managed superannuation fund trustees plan to take their investments offshore should Labor’s franking credit removal proposal take off. ...

Funds management

Bentham posts its fourth fund to the ASX

Bentham Asset Management has added its fourth fund to the Australian Securities Exchange mFund Settlement Service....

People & Products

Challenger makes key distribution appointment

Challenger has looked internally naming Angela Murphy as the executive to replace Richard Howes as he steps up to the chief executive role next year....

Funds management

Fidante launches active ETFs

Fidante Partners has announced the launch of ActiveX, a series of actively-managed exchange traded funds....

Funds management

Investors can rely on tech for next decade

Global technology sectors could continue delivering healthy returns to investors for the next decade, according to Nasdaq....

Funds management

IPO Wealth surges to $75m in investments

Australian investment manager, IPO Wealth has passed the $75 million mark in capital raised for its IPO Wealth Fund....

Life/Risk

Freedom Insurance hits life sales, liquidity issues

Freedom Insurance Group has declared it will not be recommencing sales of life products as it deals with commissions-related liquidity issues and the reality of a client ...

People & Products

Leadership team changes at Perpetual

Perpetual has announced changes to its leadership on the back of an internal promotion and the creation of a Chief Risk Officer role....

Funds management

WAM confirms BAF proposal, announces future appointments

Wilson Asset Management has confirmed its intention to execute its management proposal to the Blue Sky Alternative Access Fund Limited....

Funds management

Allan Gray pushes for ASX change

The Australian Securities Exchange has failed to protect the rights of investors, according to fund manager Allan Gray....

Policy & Regulation

AMP corrects $1.185 billion RC remediation figure

AMP Limited has made clear it is provisioning substantially less than the $1.185 billion mentioned during the Royal Commission for client remediation....

Policy & Regulation

UBS Securities hit with $120,000 penalty

UBS Securities has been slapped with a $120,000 penalty by the regulator’s Markets Disciplinary Panel after it had reasonable grounds to believe that UBS contravened mark...