News
06 February 2017 • By • 1 min read
Data undermines case for industry fund changes
New performance figures from APRA draw into question the banks’ lobbying efforts to change the industry super fund governance model, according to ...
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RBA unlikely to cut rates: AMP Capital
The Reserve Bank of Australia is unlikely to cut the interest rate at Tuesday’s meeting despite recent low inflation readings, according to AMP ...
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Bank platforms ‘squeezing’ fund managers
Too much fund manager value is being “eaten up” by the high administration service fees of the major platforms, argues the ASX. Speaking to ...
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KPMG to scrutinise NAB super trustee
Nulis Nominees, the trustee for NAB’s superannuation funds, has commissioned KPMG to conduct an independent assurance review following an agreement ...
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ABA backs ‘one-stop-shop’ EDR scheme
The Australian Bankers’ Association (ABA) has supported the proposed replacement of the three existing financial services external dispute resolution ...
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Calastone creates in specie transfer service
Financial technology company Calastone has announced a new automated service to improve in specie transfers. The new service allows for “a faster, ...
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Pinnacle adds to distribution team
Pinnacle Investment Management has appointed Eu-Jene Teng as associate director of distribution. Mr Teng joins the company from Macquarie ...
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Trump-fuelled gold rally to meet resistance
Gold has rallied as investors respond to comments from US President Donald Trump and several US officials, however hourly and daily data offer ...
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WAM moves to replace Hunter Hall LIC board
Wilson Asset Management has taken steps to replace three members of the Hunter Hall Global Value board following the listed investment company's ...
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New chief executive at SMSF Association
The SMSF Association has announced chief executive Andrea Slattery has stepped down, with a new chief executive to commence in May. The SMSF ...
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