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| | | The industry fund has promoted within to appoint a head of retirement, while a longstanding Equipsuper executive will take on the role of head of product governance. Cbus has promoted Jon Sedawie, its current head of product, to the newly created role ... |
| | | | Integrity Life has announced the appointment of a new chief technology officer. Ashish Khurana steps into the position, joining after four years as chief technology officer with Saxo Bank in Denmark. Prior to joining Saxo, Khurana held several executive ... |
| | | | The six Federal Court cases brought against Westpac by ASIC late last year have been finalised, with the banking giant to pay a total of $113 million in penalties. A decision in the final of the six matters, all overseen by Justice Beach, was handed ... |
| | | | Despite a dip in funds under management (FUM), Challenger expects to be toward the upper end of its full-year profit guidance range. Challenger reported its FUM as being $100 billion, down 8% for the quarter. The company said this fall reflected the ... |
| | | | Westpac continues to seek to offload its BT superannuation business, with the bank now willing to transfer the business for no financial consideration. "In preparation for the exit of our superannuation business, the carrying value of our superannuation ... |
| | | | The prudential regulator has set out in a letter its initial risk management expectation for individuals that engage in activities associated with crypto assets, as well as a policy roadmap for the future. In particular, APRA expects that all regulated ... |
| | | | The banks are moving forward with plans to merge following a rigorous due diligence process. The merger between Heritage Bank and People's Choice Credit Union is set to create an organisation with about 720,000 members and $22.5 billion in total assets. ... |
| | | | The Forrest family's investment firm Tattarang has pumped $26.8 million into next generation fabric technology. The investment was made as part of a Series B capital raise by US-based material innovator Natural Fiber Welding (NFW). NFW creates low carbon ... |
| | | | The $800 million state-of-the-art, prime office development at 360 Queen Street in Brisbane's CBD has secured two major, 12-year pre-commitment tenants. Global accounting and advisory firm BDO and Australian law firm HopgoodGanim Lawyers will take up ... |
| | | | BT Funds Management has been handed a $20 million fine by the Federal Court for continuing to charge commission payments to superannuation members for seven years after they were banned. BT Funds Management charged insurance premiums that included commissions ... |
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