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| | | The board of investment platform Raiz has replaced Australian Executors Trustees (AET) as its independent custodian, in what comes as the latest development in the Sargon saga. Raiz has appointed Perpetual Corporate Trust as its new independent custodian ... |
| | | | Grattan Institute's submission to the Retirement Income Review has kicked off a war of words after it said a reduction in fees charged to super members would be more impactful than an uplift in the superannuation guarantee, and that ASFA's comfortable ... |
| | | | Willis Tower Watson has announced two major leadership appointments in its Australian team. Nick Barrett has been named as the new head of Investment strategy, effective immediately. Barrett will be responsible for delivering asset allocation advice ... |
| | | | Finder's RBA Cash Rate Survey found 90% of economists believe there will be a rate cut in 2020, with 15% expecting the cut to come tomorrow. Graham Cooke, insights manager at Finder, said 20 economists specifically called out the threat of the coronavirus. ... |
| | | | "Coronavirus spreads to 33 countries in nine days" "The coronavirus crisis has deepened over the weekend, with the number of countries affected climbing past 60 and the death toll hitting 3000." So goes another grim headline from Associated Press which ... |
| | | | HUB24 is owed about $4 million by Sargon subsidiaries, joining the group's other secured creditors OneVue, Westpac and Taiping Trustees. The eight companies, which include businesses like Diversa Trustees and CCSL, collectively have about $154 million ... |
| | | | Superannuation experts are concerned the retirement income review may be getting out of hand, evidenced by numerous stakeholder submissions straying from the consultation guidelines by proposing a complete transformation of the super system. At the ... |
| | | | The chief risk officer that fronted the Royal Commission on behalf of ANZ Wealth has resigned from the bank. A spokesperson for ANZ has confirmed the resignation of Kylie Rixon, effective immediately. Rixon was chief risk officer of ANZ Wealth from ... |
| | | | Generation Life's co-chiefs have landed a joint general manager role at Challenger, a month after resigning from their old jobs. Lucy Foster and Catherine van der Veen have been hired as Challenger's general manager for advice transformation ... |
| | | | "Is this the real life? Is this just fantasy? Caught in a landslide, No escape from reality." - Queen, Bohemian Rhapsody Yes Virginia, you'll be exclaiming "mama mia, mama mia" too when you see the red inks splattered by equity markets everywhere. ... |
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