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29 December 2016 • By • 1 min read

ETF industry breaks FUM record in November

Exchange traded funds in Australia reached a record $24.6 billion in November, driven in part by investors’ reaction to the US election, according to ...

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Legg Mason opens second Australian office

Funds management group Legg Mason has announced plans to open a second Australian office early in 2017. The new Sydney-based office will be headed ...

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BT Financial ‘rejects’ ASIC allegations

BT Financial Group disagrees with ASIC’s definition of ‘personal advice’ and will vigorously oppose the Federal Court proceedings the regulator has ...

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Data akin to deregulation on disruption scale

Digital trends and the increasing sanctity of data will be as disruptive a force on the provision of financial services in the years ahead as ...

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Suncorp pays $530K over consumer credit breach

Suncorp Bank has paid infringement notice penalties totaling $270,000 dollars, as well as $260,000 in remediation, following a breach of consumer ...

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Italy set to bail out struggling banks

The Italian Parliament has approved a possible €20 billion ($28.9 billion) bail-out plan for the country’s struggling banking sector. As reported ...

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New board director at GBST

Financial services technology provider GBST has added Tam Vu to its board as a non-executive director, effective 1 January 2017. Mr Vu has worked ...

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ASIC issues update on OnePath review

An independent review into the ANZ-owned financial services company OnePath, conducted by PwC, has been completed, according to ASIC. The review ...

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Major banks agree to enforceable undertakings

The Commonwealth Bank and NAB have both agreed to enforceable undertakings with ASIC in response to the conduct of their wholesale spot foreign ...

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Government calls off ASIC registry sale

The proposed sale of ASIC’s registry functions will no longer go ahead, the Department of Finance has announced. Following a scoping study, ...

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