The latest issue of Financial Standard now available as an e-newspaper

READ NOW

Investment

Neobank Volt closes its doors

BY CASSANDRA BALDINI | WEDNESDAY, 29 JUN 2022 12:33PM

Australian neobank Volt, the first of its kind to receive a full banking licence from APRA, is closing its doors and urging customers to withdraw all funds from accounts before July 5.

Upgrade your subscription to access this article

And gain access to:

All website content, including archived news
Home page news customisation
Tech Zone, your technical resource library

And more

Already A Subscriber?

UPGRADE SUBSCRIPTION

Related News

►	Old settings for TPD 'no longer fit': APRA
►	APRA funding levy rises to $253m
►	ASIC, APRA target insurers' TPD product sustainability
►	APRA sharpens oversight, flags tech and geopolitical risks
►	Super funds get ahead of proposed minimum service standards: KPMG
►	ACCC approves Zurich's ClearView takeover
►	InterPrac targets First Guardian victim, disputes AFCA ruling
►	Rest faces scrutiny over alleged super reporting error
►	ASX Advisory Group gives update on corporate governance revision
►	ASFA expands technical implementation service

Editor's Choice

Australian Unity to shed 195 roles

MATTHEW WAI

Australian Unity is reducing its workforce by 195 positions due to underperformance stemming from delays in government support for its Home Health platform and the integration of several businesses.

Count shutters limited-advice business, slips in size ranking

MATTHEW WAI

Count Financial has reportedly wound up its restricted SMSF/limited-advice service, losing some 26 advisers on the Financial Adviser Register, latest data shows.

First Super recruits head of investments from Prime Super

MATTHEW WAI

First Super has appointed a new head of investments, replacing Chris Artis, who was in the position for the past three months on an interim basis.

BMO eyes Euroz Hartleys' capital markets business

KARREN VERGARA

Euroz Hartleys confirmed it is in discussions with Canada's BMO Financial Group for a potential sale of its capital markets business for $145 million.

Videos

Brought to you by

SMILE through retirement - tackling the top 5 (Sequencing, Market, Inflation, Longevity, Emotion) retirements risks

Global economic outlook and the case for local currency emerging market debt: Resilience, risk, and opportunity

Strength amid noise

The market has changed. The opportunity hasn't.

A guaranteed future

Follow the leaders

Maintaining a fundamental focus in a world obsessed with the short term

MORE VIDEOS

Products

'Guide To' Series

Pocket investment guides featuring adviser case studies and a glossary.

MORE INFO

Publisher's Forum

Investing trends and strategies from the industry’s thought leaders.

MORE INFO

Product Showcases

Putting the spotlight on investment products that matter.

MORE INFO

Expert Feed

Christian Mueller-Glissmann

Head of Asset Allocation Research

Goldman Sachs

When geopolitics becomes a portfolio risk

Geopolitics is back - again - and Australian investors can no longer treat it as distant background noise.

READ MORE

Tania Milnes

General Manager Membership

Financial Advice Association Australia

Does association membership still matter?

With all the changes the advice sector has experienced in recent years, such as regulatory reform and increased education and professional standards ...

READ MORE