Platform provider Praemium has terminated the employment of chief executive Michael Ohanessian.
The Australian Council of Superannuation Investors will lead high-level discussions about governance practices with the management of several ASX-listed franchisor companies following wage scandals at Domino’s and 7-Eleven.
More than 80 per cent of Australian active fund managers failed to beat their comparable benchmarks in the 10 years to 31 December 2016, according to new S&P Dow Jones Indices data.
The Finance Sector Union has accused the the Commonwealth Bank of failing to pay 7,000 part-time staff their full superannuation benefits.
Cash flows in the ETF sector through January suggest that the post-US election sell-off of risk assets was “a bit overblown”, according to State Street Global Advisors.
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