GOVERNANCE

Superannuation

With some superannuation funds projected to grow by 200% to 300% by 2030, super funds will need to address key challenges in their investment governance arrangements, acc...

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Superannuation

Being too slow to process an investment change is an example of bad governance, according to a superannuation panel, and one fund could have missed $90 million in returns...

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Funds management

If the US was put on the same environment, social, and governance playing field as Europe it would open up the sector and lead to strong inflows, deVere chief executive N...

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Financial planning

The bank has appointed Colin Carter to the review panel while a man has been charged for using Westpac’s transfer system to pay for live-streamed child abuse videos in so...

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Financial planning

The authority has increased the bank’s capital requirement to $1 billion and will focus on directors and senior managers that breached the Banking Act in relation to the ...

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Superannuation

Orbis has voted against proposals calling for sustainability reporting and policies to strengthen prevention of workplace sexual harassment, and holds a logistics firm th...

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Financial planning

Flaws in the methodology used to rate environmental, social and governance compliance in companies meant they could get away without being fully compliant....

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Financial planning

APRA’s agenda to reduce poor behaviour and misconduct in the financial sector is an ambitious plan that will take four years to succeed, according to its chair....

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Policy & Regulation

The Australian Prudential Regulatory Authority has announced a new organisational structure, including several new executive appointments....

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Funds management

Legg Mason affiliate Martin Currie has been rewarded the top ESG rating for third year in a row by the Principles for Responsible Investments....

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Superannuation

A regulatory review of the 2013 prudential framework for the super industry has found that while its objectives were largely met, more change may be needed to keep it up-...

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Financial planning

AMP Limited has defended its vertically integrated structure in the face of Royal Commission criticism while confirming it has punished past executives with forfeiture of...

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Funds management

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

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Funds management

Ausbil argues that if a business relies on underpaid workers, slavery, or weak regulation on social issues, their earnings will unlikely be sustainable....

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Policy & Regulation

The Royal Commission has asked ASIC why recent new senior level roles were all filled by internal candidates from a limited pool, amid questions about the regulators’ gov...

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MARKET INSIGHTS

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Never miss the latest news and developments in wealth management industry

Bradley

Dear CEO and board, It's time to start some VERY HEAVY LOBBYING on behalf of advisers which could save your platform re...

19 hours ago
JOHN GILLIES

He is every thing ASIC said he was BUT How on earth did he expect to get away with it????? . these guy's who dip in...

21 hours ago
Chris Cornish

A tad optimistic from Morningstar. Adviser numbers are somewhat irrelevant; it all comes down to the platform and whethe...

22 hours ago

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

1 week 1 day ago

Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation....

2 weeks 2 days ago

Iress has announced it is strengthening its security settings after suffering an unauthorised access of its systems over the weekend....

2 weeks 3 days ago