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13 June 2023 • By Maja Garaca Djurdjevic • 1 min read

Super funds applaud Jones’ QAR response that elevates their role in advice

Superannuation funds have broadly welcomed the government’s response to the Quality of Advice Review, after Minister Jones unveiled its details at a ...

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Hostplus dumps single sector property, infrastructure funds

The superannuation trustee has withdrawn the funds amid concerns over the outlook for the commercial property market. Hostplus has told members it ...

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Beware the ‘false dawn’ in the property market: Oxford Economics

The recent “stabilisation” in residential property markets is unlikely to endure, with the protracted battle against inflation threatening to trigger ...

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Sequoia invests in asset manager

Financial services company Sequoia Financial Group has acquired a 20 per cent stake in Euree Asset Management. On Tuesday, Sequoia confirmed that ...

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ASIC announces cyber resilience survey

The corporate regulator has launched a survey to measure cyber resilience in Australia’s corporate and financial markets. The Australian Securities ...

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ETF inflows drive yet another record month

The local ETF industry has seen its fifth consecutive record month. Australia’s ETF industry funds under management (FUM) rose 1 per cent or $1.4 ...

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No rate relief in 2023: CBA, HSBC

A consensus has developed among economists, which now expect further interest rate hikes in the coming months and no easing any time soon

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Fiducian welcomes new non-executive director, anticipates resignation

The firm has expanded its leadership team as one of its long-serving veterans is set to retire later this year. Financial services organisation ...

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Banks urged to ‘justify’ exceptions to lending guardrails

The prudential regulator has reinforced home loan serviceability standards as banks increasingly apply for exceptions amid fears borrowers have been ...

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ASIC, APRA see urgent need for cyber risk forum

Superannuation fund CEOs have agreed that a “safe space” to share experiences would be of great benefit to the industry. The Australian Securities ...

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