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| | | The Australian Law Reform Commission's (ALRC) second interim report to reduce complexity in financial services legislation proposes an alternative model that's more coherent and principled, and "embraces minimalism." The ALRC's proposed legislative ... |
| | | | The Council of Australian Life Insurers (CALI) has named Christine Cupitt as its inaugural chief executive. Cupitt, who will commence the role next January, joins after eight years at the Australian Banking Association (ABA) where she held various roles ... |
| | | | Industry Super Property Trust has selected SS&C Sylvan for its investment performance measurement system. SS&C Sylvan will now automate ISPT's financial data ingestion, calculate both time-weighted and money-weighted returns, and provide enhanced analytics ... |
| | | | ASIC has banned Wayne Christopher Saman, the sole director of Sterling & Freeman Advisory for a period of five years. Saman was banned because an ASIC surveillance found he was involved in Sterling & Freeman's contravention of financial laws. Sterling ... |
| | | | New data has revealed that more than a third of Australians are financially illiterate. Greater Bank and the University of Newcastle surveyed 575 women and 536 men aged from 18-90 years. The joint report titled: Financial Wellbeing and General Life ... |
| | | | Profits are down and expenses are up at Australian Ethical, as it continues to implement its high growth strategy. Releasing its full-year results today, Australian Ethical recorded a 15% drop in net profit after tax to $9.6 million and a 7% decline ... |
| | | | After significant delays, Lutheran Super is expected to confirm its merger partner later this month. In January, Lutheran Super said it had identified a preferred merger partner, having reviewed a shortlist of three funds. At the time, the fund anticipated ... |
| | | | Speaking at the Wollongong leg of Financial Standard's Advisers Big Day Out regional roadshow, AMP Capital portfolio manager Christopher Davitt said despite pandemic pressures and the subsequent workplace trends, the outlook for office investments remains ... |
| | | | Peter Laity has been appointed as BUSSQ's new chief investment officer. Laity, a veteran in the field, has previously served as head of equities at State Super and TCorp Investment Management, as well as head of investments at ESSSuper. More recently ... |
| | | | ANZ has agreed to acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement ... |
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