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19 August 2021 • By Neil Griffiths • 1 min read

Advised clients gained more than 5% in 2020

Advisers played a key role in helping clients stay the course in their investments during the volatility caused by the initial onset of the COVID ...

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Equity Trustees profit jumps on outsourcing rise

The trustee company has reported a more than 40 per cent rise in funds under management as it benefited from the growing industry trend to outsource ...

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Government calls for feedback on Your Future, Your Super’s portfolio holdings disclosure

The Morrison government has called for feedback in regard to regulations for portfolio holding disclosure by superannuation funds as part of its Your ...

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Charges against ex-Citi head dropped

Charges against an ex-Citi head have been dropped. The Commonwealth Director of Public Prosecutions (CDPP) confirmed this week that “all” charges ...

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APRA super head warns funds: ‘Expect more intrusive regulation’

The prudential regulator’s new head of superannuation has signalled she may take a heavier-handed approach to enforcement in the space as the Your ...

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NAB’s Citi acquisition to boost customer base to over 4m

NAB’s recent acquisition of Citigroup’s Australian business is expected to boost the bank’s customer base to over 4.5 million. Market research firm ...

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Mutual bank, credit union to merge

A mutual bank has announced it’s entered into an agreement with a rival credit union to explore merger opportunities. In a statement, Heritage Bank ...

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Auditor of cancelled stockbroking group sentenced

The former auditor of a stockbroking group whose licence was cancelled this year has been convicted. On Wednesday, ASIC confirmed that Robert Evett ...

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Smooth sailing for Westpac as lockdowns continue

The big four bank has noted it’s yet to feel the financial pain from lockdowns in Sydney and other capital cities, but flagged an exposure of $300 ...

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ASX companies working to ‘enhance ESG performance’

A number of ASX-listed companies are working to better address ESG-related issues within their businesses, according to a new report. Research ...

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