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CBA pleads guilty to selling junk insuranceBY ANNABELLE DICKSON | MONDAY, 1 NOV 2021 12:04PM
Commonwealth Bank pleaded guilty to 30 criminal charges relating to misselling consumer credit insurance.Read more: ASIC, CBA, Commonwealth Bank, Sarah Court, Commonwealth Department of Public Prosecutions, CreditCard Plus, Federal Court, Loan Protection, Royal Commission, Westpac
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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