The latest issue of Financial Standard now available as an e-newspaper
| | MONDAY, 21 JUN 2021 12:51PMAustralia's largest mutual bank has launched a digital bank to meet the needs of essential workers and appointed a chief digital bank officer.|
|BNY Mellon is offloading its local execution and settlements business to FinClear for an undisclosed amount.|
|A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market.|
|A specialist managed accounts platform has cut the administration fee on its superannuation offering.|
|Commonwealth Bank has launched a joint venture with Quantium to create a tool for institutional clients to receive greater data insights to deliver better services for their clients.|
|The Macquarie Wrap platform has hit new heights, recording over $100 billion in assets under administration.|
|Generation Life has awarded technology firm FRS a mandate to provide pricing and reporting for its investment bonds.|
|The Australian Taxation Office will approach the market for three major managed services contracts, as it looks to refresh its IT systems.|
|BNY Mellon clients will now benefit from the investment giant's use of Financial Recovery Technologies' class action recovery services.|
|The financial services software company has announced it is integrating Objective Corporation with its blockchain technology for its design and distribution obligations (DDO) solution.|
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Franklin Templeton Investments is winding up its retail Australian Equity Fund, as asset growth lags.
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Financial advisers' appetite for exchange-traded funds has more than doubled since the global pandemic hit as new trading data shows that index funds are providing better means of diversification.
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The Association of Financial Advisers has slammed the Labor Party's attack on financial advisers, which paints the profession as dodgy and continues to rip-off consumers.
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The industry superannuation fund has hired from Australian Catholic Superannuation and Retirement Fund as it continues its hiring spree for the internal investment team.
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