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| | | ... fees and commissions will be effective from 2 November 2020. "We're committed to giving you the best opportunity to reach your financial goals. That's why we're continuing our efforts to improve our products-for the benefit of you and all ... |
| | | | Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws. As part of the agreement with AUSTRAC, Westpac has admitted to additional contraventions that were outlined ... |
| | | | J.P. Morgan has begun moving its Australian customers over to its global accounting system, which will give local clients access to additional services. The move to the new accounting system, FIS' InvestOne, has been a multi-year project and seeks to ... |
| | | | The masterfunds sector lost $38.4 billion over the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show. The sector, which comprises mutual funds on wraps, platforms and master ... |
| | | | ... opportunity to attract new regional talent as well as bring in existing global talent." In addition to broadening its geographic reach in APAC, OTPP said it is also adding a local senior member to the fund's Global Strategic Relationships (GSR) department. ... |
| | | | ... Super," he said. "We value the support of our international partners who trust our vision for the portfolio and who helped us reach this milestone." Aware Super portfolio manager Alek Misev said the industry super fund was proud of the success the partnership ... |
| | | | Despite all the challenges of 2020, ME Bank has managed a positive full year result with the bank determined to stick to its simple model. The bank had a statutory NPAT of $80.8 million in 2020, up 20% on last year's results. Its underlying NPAT was ... |
| | | | ... Catherine Nance has told the AIST virtual conference that it's not unusual for the total cost of a super fund merger to reach 10 basis points, a cost that has a greater impact on smaller funds as they could see their reserves wiped out overnight. ... |
| | | | The number of female chief executives in the ASX 200 has fallen over the last two years to just 10, with a not-for-profit organisation urging that "we can, and must, do better". The Chief Executive Women ASX 200 Senior Executive Census is now in its ... |
| | | | The US Federal Reserve's new monetary policy framework - lower interest rates for longer or average inflation targeting - (virtually) announced at the August 27 Jackson Hole Symposium is now live. The Fed kept policy settings unchanged at its 15-16 ... |
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