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08 May 2018 • By • 1 min read

Perennial launches its first active ETF

Perennial Investment Management has listed an income-focused active ETF on the ASX. The eInvest Income Generator Fund has been launched on the ASX ...

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ANZ ends sales targets for advisers

ANZ has announced it will remove sales targets from the criteria its salaried advisers must meet to be eligible for a bonus. ANZ chief executive ...

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No collusion with Clayton Utz, says AMP

AMP has “strenuously denied” it broke the law when it characterised a Clayton Utz report delivered to ASIC as ‘independent’, while accepting many of ...

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Directors could be in crosshairs post-RC

Directors of financial services companies could face stiffer penalties if they fail to provide services honestly and ethically in the wake of the ...

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RBA growth forecasts labelled ‘too optimistic’

AMP Capital’s senior economist has criticised the Reserve Bank of Australia for having too rosy a view in its latest growth and inflation forecasts

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Innovation in ESG set to take off: CFSGAM

Rising demand for responsible investment products is likely to create increased innovation in the sector, says Colonial First State Global Asset ...

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InvestSMART to launch active ETF

InvestSMART Group has announced it will release a new active ETF onto the market that will mirror its Australian equity income fund. In a ...

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AMP appoints David Murray as chairman

David Murray, former CBA chief executive and chair of the Financial System Inquiry, has been appointed as the new chairman of AMP. Mr Murray is ...

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NAB reveals post-sale MLC strategy

NAB will continue to refer its clients to MLC advisers once the wealth management business is divested via public sale, says chief customer officer ...

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AMP brand ‘trashed’ by RC: Morningstar

The "shocking revelations" about AMP at the banking royal commission have resulted in "material reputational damage" as well as a higher likelihood ...

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