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27 April 2022 • By Jon Bragg • 1 min read

Super fund slapped with infringement notices

The super fund is alleged to have made misleading statements to its members. ASIC has announced that Maritime Super has paid $26,640 to comply with ...

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New paper to help super funds navigate incoming Retirement Income Covenant

The Actuaries Institute says the legislation has an opportunity to improve the living standards of millions in retirement. The organisation’s ...

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CBA chairman announces retirement

The Commonwealth Bank (CBA) board has announced a successor. On Wednesday, 27 April, the big four bank announced that Catherine Livingstone AO has ...

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Cboe funds added to HUB24 platform

The news was confirmed this week. Cboe Australia has announced its funds have been added to the HUB24 platform from today, April 26. A range of ...

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Portfolio manager relieved to rid of 'burdensome' Twitter

According to a portfolio manager, the social media platform has been falling short of potential for years while “underserved” riches have been handed ...

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Foreign buyer activity jumps in property market

The share of new property sales attributable to foreign buyers has reached its highest level in nearly two years. NAB’s latest residential property ...

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Cbus announces new heads of retirement and product governance

The super fund said that the two appointments would support its growth strategy. Cbus has announced the appointment of a new head of retirement as ...

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RBA to lift rates next week, says economist

“The RBA should and likely will raise interest rates next week by 15 bps,” an economist with BetaShares has said. Given heightened global supply ...

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Westpac responds to Federal Court penalty

The big four bank has responded to the penalty handed down last week. On Friday, 22 April, Westpac was ordered to pay penalties in the amount of ...

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Insignia FUA takes hit in latest quarter

The wealth giant has released its March 2022 quarterly results. On Tuesday, 26 April, Insignia Financial, formerly IOOF, reported total funds under ...

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