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Showing 5541 - 5550 of 21771 results for "Dec"

Banks still failing customers after Royal Commission

ELIZA BAVIN  |  TUESDAY, 16 MAR 2021
A review of Australian Financial Complaints Authority (AFCA) complaints data shows over 31,000 complaints have been made in the wake of the Royal Commission, according to CHOICE. Complaints around credit products revealed many customers have still been ...

Sunsuper, QSuper confirm merger will go ahead

KARREN VERGARA, JAMIE WILLIAMSON  |  MONDAY, 15 MAR 2021
Sunsuper and QSuper will merge later this year, with the two funds naming the key executives and board directors to lead the $200 billion entity. The two funds have signed a Heads of Agreement to merge by September this year, a decision that is supported ...

Trading platform slapped with licence conditions

KARREN VERGARA  |  MONDAY, 15 MAR 2021
A trading platform was slapped with additional conditions from ASIC for several compliance failures. ASIC is doubtful if retail OTC derivative issuer AxiCorp Financial Services has the appropriate procedures and internal controls to meet regulatory ...

Economic recovery has been stronger than expected: Lowe

ELIZA BAVIN  |  MONDAY, 15 MAR 2021
Australia's economic recovery has been quicker and stronger than expected, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Speaking at the Melbourne Business Analytics conference, Lowe stated that while there are still challenges ...

ASI restructures distribution team

KARREN VERGARA  |  MONDAY, 15 MAR 2021
Aberdeen Standard Investments continues to restructure the local operation, confirming that four employees from its distribution team have been made redundant. An ASI spokesperson confirmed that the employees left the firm in December 2020 following ...

Foresight Analytics acquires research firm

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
The independent data analytics group has acquired the analytics arm of an independent rating and research firm as it works to build out its market share. Foresight Analytics acquired investment research and operational capability ratings business Australia ...

AMP announces new managed portfolio partnership

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
The wealth manager has partnered with Mercer and a Queensland-based advice firm to deliver five tailored portfolios for the firm's clients. The portfolios have been tailored to the investment needs of Coral Coast's client base and are delivered through ...

Chief economist update: Japan to double down on stimulus?

BENJAMIN ONG  |  MONDAY, 15 MAR 2021
It won't be long now until cherry blossoms start blooming in Japan. But just like these blossoms' short-lived wonder, the Land of the Rising Sun's economic recovery through various crises going back to the late 1980s-early 1990s proved to ...

Turnbull calls out Wilson, Bragg

ELIZA BAVIN  |  FRIDAY, 12 MAR 2021
Former Prime Minister Malcolm Turnbull has turned on his former colleagues, Tim Wilson and Andrew Bragg, saying their proposal to give people access to super to spend in the housing market is "just wrong". Speaking with Industry Super Australia chair ...

Ironbark fund swaps managers

KANIKA SOOD  |  FRIDAY, 12 MAR 2021
An Aussie broad-cap equities fund distributed by Ironbark is transitioning to a new fund manager, as the boutique managing it pivots away from broad-caps to small caps. The $25 million Ironbark Karara Australian Share Fund is currently managed by Karara ...