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03 May 2021 • By Sarah Simpkins • 1 min read

12 funds to manage majority of super assets: KPMG

More than three-quarters of assets under management and member accounts are forecast to be managed by the 12 largest funds, once the current mergers ...

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AMP pivots to digital to retake advice crown

AMP chief executive Francesco De Ferrari used his final AGM to reveal more details about the wealth giant’s plan to take back the financial advice ...

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Finance giants fail human rights test

AMP, Magellan, the big four banks and IOOF are among 22 ASX-listed financial firms that have scored poorly on a new human rights benchmark

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Westpac NZ boss exits amid demerger talks

The chief executive of Westpac’s New Zealand business has announced that he will retire after more than 20 years with the group as the big four bank ...

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‘The politics here are horrendous’: Unpopular decisions needed for budget repair

Despite its “red hot recovery”, Australia will likely need to save in the order of $40 billion a year if it wants to get the budget back into balance ...

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‘No rationale’: Battlelines drawn over proxy advice changes

Proposed new rules governing proxy advice will be a blow to shareholder rights and corporate transparency, according to the powerful Australian ...

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Westpac first half profits soar

The big four bank has reported a more than 180 per cent rise in net profit for the first half of the 2021 year off the back of the economic recovery ...

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Limiting internet searches heightens risk of market crash

Internet searching does not exacerbate investors’ biases – instead, it facilitates their ability to access and analyse information, new research has ...

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Senators warn on superannuation ‘Sword of Damocles’

A number of dissenting senators have warned that they will not support the Your Future, Your Super (YFYS) bill in its current form, warning they hand ...

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Will this time be different for AMP?

AMP has attempted to draw a line under its many misfortunes, but redemption won’t come easy for a company facing a challenge of this scale

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