Colonial First State faces penalties for MySuper conductBY KANIKA SOOD | WEDNESDAY, 8 SEP 2021 12:32PMThe Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. Related News |
Editor's Choice
RBA on hold but keeps door open for more hikes
|The Reserve Bank of Australia has kept the door open for further tightening despite keeping the cash rate steady at 4.35%.
DASH appoints new chief executive
|DASH Technology Group appointed a new chief executive, replacing the incumbent who left the company in May.
GQG sees $6.4bn outflows in July
|GQG Partners recorded another significant month of client redemptions in July, with net outflows of US$4.5 billion ($6.4b), as the global fund manager continued to face pressure on funds under management.
A tough year for high-duration bond investors: Morningstar
|New analysis depicted duration as the biggest headwind for bond investors, with both Australian and global bonds labelled as the "laggards" against their peers over the 12 months to June end.
Further Reading
Products
Featured Profile

Andrew Gregory
CHIEF ADVICE OFFICER
UNISUPER
UNISUPER
After 25 years, Andrew Gregory remains motivated by the impact financial advice can have on Australians' lives. As UniSuper's chief advice officer, he is not slowing down on any of his current ambitions. Matthew Wai writes.






