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05 January 2015 • By • 1 min read

Bank lobby defends vertical integration

The Australian Bankers’ Association has issued a passionate defence of the big banks' wealth management business models, pointing to consumer benefits

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Aurora exits funds management

Keybridge Capital has entered into an agreement with Aurora Funds Ltd to purchase its subsidiary Aurora Funds Management for $4.3 million. The ...

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NZ Super to acquire RetireAustralia

A consortium including the $25.8 billion New Zealand Superannuation Fund (NZ Super) has entered into a $640 million agreement to purchase retirement ...

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Beware falling oil prices, warns HSBC

Falling oil prices may be a "shot in the arm" for global demand, but if they are part of a broader deflationary pattern there is reason for concern, ...

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MLC wealth advice exec departs

Mortgage Choice has poached NAB’s executive general manager for wealth advice to replace outgoing chief executive Michael Russell. John Flavell ...

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EU financial markets brace for new regs

The European Union’s equity, bond and derivative trading markets may face a regulatory overhaul should a current round of consultation make the case ...

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Look beyond GST reform: Chan & Naylor

Accounting and financial services firm Chan & Naylor has urged the government to consider broad tax and economic reforms to boost confidence and ...

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Credit Ombudsman ups compensation limit

The Credit and Investments Ombudsman has increased the monetary compensation limit available to complainants to $309,000. In a statement, the CIO – ...

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The folly of 'festive forecasts'

Dimensional Australia vice president Jim Parker has warned against taking year-end predictions that "seek to build catchy tunes out of noisy reality" ...

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APRA relaxes SuperStream benchmarking

The prudential regulator has reduced the number of SuperStream reporting benchmarks following consultation with the superannuation industry

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