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regulation

21 March 2016 • By • 1 min read

Industry funds reject new disclosure rules

Industry Super Australia (ISA) has warned against changes to superannuation product disclosure requirements as outlined in draft legislation presented ...

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Retail FUM up 4.5% in December quarter

Retail managed funds finished 2015 up 4.5 per cent for the final quarter and sitting at $750 billion for the calendar year, according to researcher ...

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Cbus announces partnership with QIC

QIC has partnered with industry fund Cbus to deliver a listed equity strategy for its superannuation products. In a statement, Cbus said it has ...

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ANZ's potential fine 'up to a court': ASIC

ASIC has alleged ANZ engaged in a series of rate rigging contraventions over 44 days, with each carrying a penalty of $1 million, but the amount of ...

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'Wall of cash' flowing into fixed income

Fixed income funds are enjoying something of a "renaissance", with total net flows for the 12 months to September 2015 amounting to $6.2 billion, says ...

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Fed holds fire on interest rate hike

The US Federal Reserve has left interest rates on hold at 0.25 per cent to 0.5 per cent, indicating that inflation remains below target and global ...

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Commodities gains 'can no longer be ignored'

Natural resources equities and physical commodities have produced "significant returns" over recent months, with structural shifts in the economy set ...

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ASIC updates fundraising guidance

ASIC has updated its fundraising regulatory guidance, issuing two new legislative instruments to help reduce business costs. In a statement, ASIC ...

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Principal Global Investors appoints sales director

Global asset manager Principal Global Investors (PGI) has named a new director of institutional sales, Australia. Michael Gaffney joins Principal ...

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SuiteBox announces new CEO

Virtual advice software provider SuiteBox has named a new chief executive as it looks to expand into new markets.  Former country manager for ...

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