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23 April 2018 • By • 1 min read

FSC backs corporate criminal penalties

The Financial Services Council has welcomed the government’s decision to increase civil and criminal penalties for misconduct in the wake of the royal ...

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BT considered ending ‘share of revenue’

Westpac/BT toyed with the idea of removing revenue from its salaried planners’ remuneration but ultimately rejected the idea, the royal commission has ...

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Facebook, Google tarnishing tech stocks

Anti-competition concerns about the dominance of tech giants like Facebook and Google parent Alphabet are casting a shadow over sector, says a ...

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Future Fund grows to $141bn

The Future Funds has continued to add risk to its portfolio, with developed market equities and private equity both receiving a boost in the past ...

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ASIC penalties to be further strengthened

ASIC will be able to jail corporate criminals for as long as 10 years under changes to the Corporations Act announced by the government today

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AMP announces interim CEO

AMP board director and former IAG CEO Mike Wilkins has been appointed interim CEO of AMP following the immediate resignation of current chief ...

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Volatility shakes up super returns: SuperRatings

Superannuation returns have taken a second hit in as many months thanks to volatility, but median balances are still ahead for the financial year, ...

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SuperChoice wins mandate from WA Super

Perth-based superannuation fund WA Super has appointed SuperChoice to provide its members with digital platform services. According to a statement, ...

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'Mature' market cycle is biggest risk: Fidelity

Forget trade wars and geopolitical tensions, says Fidelity – what investors should really be concerned about is the overly buoyant global economy

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CareSuper names new chair, deputy chair

Industry superannuation fund CareSuper’s deputy chair Terence Wetherall has stepped up to the position of chair, with board director Julie Bignell ...

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