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21 June 2013 • By Owen Holdaway • 1 min read

IOOF gains syndicated loan exposure

IOOF has invested $75 million in the syndicated loan market through Metrics Credit Partners Diversified Australian Senior Loan Fund. “Through our ...

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Parliament votes in favour of ASIC inquiry

The Australian Securities and Investments Commission will face a parliamentary inquiry over its handling of misconduct by Commonwealth Financial ...

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Industry welcomes TASA extension

Assistant Treasurer David Bradbury presented amended Tax Agent Services Act (TASA) changes to the House of Representatives today, with the government ...

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ECT debate adjourned until today

Debate will resume today on the government’s measures to fix the current inequitable excess contributions tax (ECT) regime. Moves to address the ...

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Masterfunds climb $63bn in 12 months to March

Platforms, wraps and master trusts recorded a $62.8 billion rise in funds under management (FUM) in the 12 months to March 2013, according to Plan For ...

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ANZ flags retail advice changes

ANZ Banking Group has revealed its goal to become the “best connected, most respected bank across the Asia Pacific region”, pointing to transformation ...

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BOQ sets out 'path to rebuild'

Bank of Queensland (BOQ) has set out its “path to rebuild” as it looks to re-establish its business fundamentals. In a presentation at the annual ...

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Under-insurance tied up in jargon

Heavy jargon by the financial services industry could be an additional barrier to Australia’s under-insurance problem, HLB Mann Judd Sydney has warned

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European ‘lost decade’ on the cards

Europe could be in the middle of a ‘lost decade’, according to a Russell Investments executive. But there will still be opportunities for canny ...

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Data aggregation a priority for investment managers

Investment managers are ill-equipped to support the increasing demands for data, according to new research by technology management firm DST Global ...

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