|The prudential regulator has hit Colonial First State's Avanteos Investments with additional licence conditions for charging fees to thousands of dead superannuation members.|
|ASIC has commenced action in the Federal Court in Western Australia focused on the promotion and management of the Sterling Income Trust.|
|Fund managers will be allowed to list new non-transparent active ETFs, as ASIC lifts the pause after a six-month-long review.|
|ASIC has suspended the AFSL of Melbourne-based financial services provider Australian Golden Securities until May 2020.|
|APRA has approved IOOF's application to purchase ANZ's superannuation business.|
|In response to current concerns around Australian corporate culture exposed by the Hayne Royal Commission, a Melbourne-based startup has launched a standardised index creating culture transparency.|
|Creevey Russell principle Dan Creevey is calling on the government to urgently fix gaps in reforms made to the Australian Financial Complaints Authority, with certain groups at risk.|
|APRA has proposed new policy changes that would see a substantial increase in the data it makes publicly available on banks, credit unions and building societies.|
|US Senator Rand Paul has introduced a radical new plan to allow people to pay off student loan debt using their retirement savings.|
As investors seek to integrate ESG data into their investment processes, they can mistakenly conflate ESG scores in practice with more familiar financial quality metrics, new research from Eaton Vance has revealed.
One of the nation's largest super funds has joined forces with Women's Legal Service Victoria (WLSV) to simplify the process of splitting super assets.
Clime Investment Management has partnered with Sequoia to launch a new fund that aims to provide a yearly income of 8%.
The executive manager of operations at a $17 billion industry superannuation fund resigned recently, with a replacement yet to be appointed.
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