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24 January 2020 • By Sarah Simpkins • 1 min read

System catches consumers in ‘retirement trap’: BetaShares

According to new research, retirees will need to accumulate more than half a million dollars in super, before their income will stop eroding with the ...

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Challenger added to gender equality index

Wealth giant Challenger has been named as a new addition to the Bloomberg Gender-Equality index, with the list looking to expanding on available ESG ...

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ASIC reins in fund manager

ASIC has suspended the licence of another Sydney-based fund manager for a period of six months.  ASIC suspended the AFS licence of Global Merces ...

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ASIC clamps down on Sydney investment managers

ASIC has suspended the Australian financial services licenses of Sydney-based Theta Asset Management and Valuestream Investment Management

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WiseTech stock remains volatile: Morningstar

WiseTech’s stock has failed to recover from a short-seller attack late last year and could fluctuate further, according to analysis from Morningstar

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Aussie investors ditch fixed income

Australian investors are increasingly moving away from traditional assets and looking abroad in their hunt for yield, according to J.P. Morgan. A ...

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UBS profit down as targets failed

UBS’ full-year net profit for 2019 came to $6.2 billion (US$4.3 billion), down by 5 per cent from the previous year, with the group falling short of ...

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Ex-IOOF executive to lead HESTA advice arm

Industry fund HESTA has hired a former IOOF practice management head to lead its advice and education function. Josh Parisotto joined the HESTA ...

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First Super appoints new co-chair

First Super has announced that Mike Radda has been appointed co-chair of First Super, effective 1 January 2020. Mr Radda brings more than 10 years’ ...

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PIMCO announces new client management head

Global investment firm PIMCO has announced that Adrian Stewart will assume the role of client management head for APAC ex-Japan. Mr Stewart is the ...

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