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24 October 2022 • By Jon Bragg • 1 min read

ASIC seeks feedback on Asia Region Funds Passport

The funds management industry has been invited to contribute to a review of the ARFP. ASIC has invited the Australian funds management industry to ...

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Major banks tip ‘red hot’ inflation in September quarter

The Commonwealth Bank and ANZ have released their CPI predictions. Wednesday’s CPI figures will show a quarterly rise in headline inflation of 1.6 ...

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How much have ‘dud’ super funds cost Aussie workers?

Those who stuck with an underperforming fund have paid the price. Aussies who did not exit underperforming super funds that failed the inaugural ...

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ESG reporting presents a ‘tremendous’ task for ASX companies

Companies are making progress on ESG reporting, according to a new report by PwC. However, disclosure levels have yet to meet proposed international ...

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‘Challenging’ investment markets impact AMP’s AUM

The wealth management and banking business has issued a quarterly update.  AMP has reported declines in assets under management (AUM) across both ...

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Another fund manager in hot water amid ASIC DDO crackdown

The regulator has placed an interim stop order on an income fund. On Friday, ASIC announced it has made an interim stop order preventing Westlawn ...

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Magellan plots comeback, says it will regain global standing in 5 years

Magellan plans to regain its global standing in five years’ time through improved, research-led performance. Speaking at the firm’s annual general ...

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Size matters in superannuation, outgoing APRA chair says in final speech

According to the outgoing APRA chair, the evidence is clear that size in the super sector “helps deliver better member outcomes”. In his last ...

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Challenger offloads banking arm to NZ’s Heartland

Following a strategic review, Challenger has decided to sell its banking arm. Challenger has signed a share sale agreement with New Zealand’s ...

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‘Milestone’ super fund data unveiled

For the first time, APRA has published data on the number and types of products and investment options available in the super industry. New data ...

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