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14 November 2011 • By Victoria Tait • 1 min read

BNY Mellon to shut Ankura Capital

Lack of institutional interest has forced BNY Mellon to close its boutique Australian equities division.BNY Mellon Asset Management (BNYM) plans to ...

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Self Super Insurance explores new option

Administration providers are being sought as a new distribution channel for a specialist SMSF trustee liability insurance broker.Insurance broker Self ...

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Count sale back on track

The ACCC will deliver its decision on the proposed sale of Count to the CBA this week. The Australian Competition and Consumer Commission ...

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FPA in solid position despite loss

The advice association is financially strong despite recording an annual loss of more than $500,000.The FPA has reported an after-tax deficit of more ...

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Snowball, Shadforth melding nears completion

A change in responsible entity will assist Snowball in overall scale for future offerings, the company said.The overall integration of Snowball and ...

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ING Direct enters platform space

Direct savings bank ING Direct has set its sights on Australia's platform market.ING Direct has entered the platform space, leveraging off ...

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Macquarie Life tops Investment Trends survey

Thirty-four per cent of planners surveyed switched risk providers over the year, the researcher found.Macquarie Life has topped an ...

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SG decision in our hands: Shorten

Bill Shorten has called on the industry to back an SG increase to help boost investor confidence.Australia's financial services sector has ...

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Lawyers appeal Timbercorp decision

M+K has filed an appeal on behalf of investors in its Timbercorp class action.Lawyers behind a Timbercorp class action will fight a court decision ...

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ANZ cuts jobs at Oasis

More than 20 staff from ANZ's wealth platform, Oasis, have been made redundant.Twenty-four staff members have been made redundant from ANZ wealth's ...

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