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|... following the striking out on last Wednesday of the separate class action initiated by Macpherson + Kelley, according to a media statement. DC Legal discontinued its class action against the bank two weeks after the law firm launched its claim in the ...|
|Dennis Maddern and John Ardino have been appointed as new directors of the Association of Independently Owned Financial Planners (AIOFP) board. Maddern is president of Melbourne-based Maddern Financial Advisers and Ardino is the managing director of ...|
|The Green Building Council of Australia has awarded a 5 star rating for Coronation Drive Office Park Building 4 - a property jointly owned by AMP's Australian Core Property Portfolio and Sunsuper. The council awarded the '5 Star Green Star Office As ...|
|Industry fund ESI Super has improved the technology behind advice delivery to its members, signing up for Provisio Technologies' rapid advice delivery software. ESI Super will use the new technology to deliver defined scope advice to its members, which ...|
|The $67 billion-plus Future Fund has sold 113.6 million Telstra shares - bringing its holding in the telecom giant down from 10.9 to 10 per cent. At a senate estimates hearing yesterday, the Future Fund Board of Guardians said it had sold the shares ...|
|Telstra Super has launched a new online tool that goes beyond calculating one's retirement savings - introducing a new calculator that takes into account career breaks, having time off for children, and even a holiday to the Bahamas. The Telstra Super ...|
|Australian Unity Investments has improved its technology available to advisers by introducing IRESS data feeds for their XPLAN and VisiPlan software. Advisers can now access a full picture of their clients' AUI portfolio, covering information such as ...|
|Superannuation funds should include member benefit projections in annual member statements to help members track their progress towards their retirement savings goals, new research shows. A survey of 50 senior executives said projections should include ...|
|... was placed in receivership in May last year. The Great Southern Group has a reported shortfall of about $2 billion, while media reports note BABL has $550-615 million in loans to 8,200 investors with some $181.8 million in payments at least 90 days in ...|
|Annual renewals will be a key element of the Future of Financial Advice reforms, and failure to implement these arrangements will see the reforms 'seriously compromised', according to the Industry Super Network. ISN this month released a briefing paper ...|
The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services.
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme.
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.
Victorian Funds Management Corporation has welcomed a head of client and market development to its executive team.
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