APRA flexes new musclesBY HARRISON WORLEY | WEDNESDAY, 22 MAY 2019 11:47AM
APRA has invoked its new powers for the first time, directing IOOF and its superannuation entities to implement and maintain an Office of the Superannuation Trustee (OST) within the group or risk facing a financial penalty.Read more: IOOF, APRA, OST, Office of the Superannuation Trustee, IIML, AET, Government, SIS Act, IOOF Investment Management, Australian Executor Trustees
New Industry Super Australia research claims to show plans to make superannuation optional for low-income workers is nothing more than a tax grab.
A Brisbane boutique is winding up an Aussie equities fund, after an investor decided to redeem their money, representing roughly 60% of the fund's assets, just before Christmas.
Close to a third of wealth management organisations are looking to boost staff numbers this year, with sales roles expected to be most in demand.
Spaceship has boosted its executive team through the appointment of three executives, including a former leader of Macquarie and Bennelong Asset Management.
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