APRA grants ADI licence to Judo BankBY ELIZABETH MCARTHUR | WEDNESDAY, 24 APR 2019 3:19PM
The Australian Prudential Regulation Authority has granted Judo Bank, formerly Judo Capital, a licence to operate as an authorised deposit-taking institution without restrictions in what is being welcomed as a win for banking competition and fintechs.Read more: Australia, Judo Bank, APRA, ADI, Ashurst, Australian Prudential Regulation Authority, Judo Capital, Brisbane, Melbourne, Partner Jonathan Gordon, Peter Hodgson, Stuart Dullard, Sydney, Volt, Xinja Bank, Xinja Eric Wilson
A new superannuation fund hoping to bridge the retirement savings gap will launch with the hope of disrupting the system that has disadvantaged women.
The general manager of superannuation and retirement solutions at a $57 billion industry fund has resigned, with the hunt commencing for a replacement.
Praemium saw funds under administration hit $16.1 billion over the last financial year, thanks largely to its off-platform managed accounts service.
OnePath has moved to enhance the abilities of financial advisers using its OneView Life client management portal.
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