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08 June 2021 • By Neil Griffiths • 1 min read

Australian economy recovering ‘quicker and faster’ than expected

S&P Global Ratings has upgraded its outlook on Australia’s AAA credit rating from negative to stable, praising the Morrison government’s “swift ...

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Financial services sector ‘moving from plans to action’

The local financial services sector is building towards “a finance system that is aligned with a more resilient, sustainable Australia” according to a ...

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Is active management worth it?

New research conducted by Australian Fund Monitors (AFM) has tested the significance of actively managed funds and if they really can outperform on a ...

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APRA gives all clear to industry fund asset pooling

The prudential regulator has declined to intervene in Maritime Super’s controversial asset pooling deal with Hostplus, saying it does not want to ...

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AUSTRAC launches case against NAB over ‘serious concerns’ of non-compliance

AUSTRAC has identified “serious concerns” with NAB’s compliance in regards to the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) ...

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Industry funds in hot water over privacy concerns

Liberal senator Andrew Bragg has continued to push the prudential regulator on its apparent light-touch treatment of Industry Super Australia’s ...

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GQG Partners promotes 8

The US-based global investment manager has announced the promotion of eight new partners to its team. In a statement, GQG said James Anders, Mark ...

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KPMG expands risk consulting practice with new partner recruits

KPMG Australia has this week announced the appointment of new risk consulting partners who all specialise in the financial service. Former global ...

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Your Future, Your Super bill still has ‘fatal flaws’ as it heads to Senate

The Australian Institute of Superannuation Trustees (AIST) says the government’s Your Future, Your Super legislation still has “fatal flaws” after it ...

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Mercer hits record high of US$380bn global AUM

Mercer has this week reported its global AUM has reached US$380 billion, which is a new high for the asset management firm. On the local front, the ...

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