MATTHEW WAI | 12:13PMGeneration Development Group (GDG) will acquire 100% of Evidentia Group for $320 million, as it looks to grow its foothold in the managed accounts space.
JAMIE WILLIAMSON | 12:47PMMelissa Ammon is taking over as MLC Life Insurance's chief risk officer on a permanent basis.
ANDREW MCKEAN | 12:38PMMost retirees who rent live in poverty, including more than three in four single women, and this problem is set to get worse, according to a Grattan Institute report.
ELIZA BAVIN | 11:49AMThe embattled investment group has appointed a voluntary administrator as it faces demands for an immediate loan repayment of $4.6 million.