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01 October 2020 • By Lachlan Maddock • 1 min read

APRA cracks the whip on ‘unambitious’ trustees

APRA is concerned superannuation trustees are approaching the improvement of member outcomes as a “box-ticking exercise” and suggested they were being ...

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Aberdeen Standard rolls out equities promotions

Aberdeen Standard Investments has promoted two members of its Australian equities portfolio management team in recognition of their “deep experience ...

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ScoMo manages budget expectations

Prime Minister Scott Morrison warned that next week’s budget would remain vulnerable to the global economic situation but was reluctant to explain how ...

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MLC Asset Management appoints new institutional distribution head

MLC Asset Management has announced the appointment of a new head of institutional distribution. Read Taylor Price will step into the role of head ...

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Eaton Vance appoints new fixed income head

Eaton Vance has announced the appointment of its new chief investment officer for fixed income. Eric A. Stein, CFA, will step into the role on 1 ...

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Moody’s downgrades AMP over wealth, governance struggles

Moody’s Investors Service has downgraded its ratings for AMP Group and its banking arm, citing dampened operating results, reputational damage from ...

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Cbus names investments COO

Cbus Super has appointed its head of investment operations as its new chief operating officer, investments for the $54 billion fund. Nancy Day has ...

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Challenger CFO steps down

Challenger has announced that its chief financial officer will leave the business in 2021. Andrew Tobin has provided six months’ notice of his ...

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Bendigo and Adelaide Bank blasted for ‘systemic breaches’ on Great Southern

The Banking Code Compliance Committee has named and shamed Bendigo and Adelaide Bank for “systemic breaches” around its dealings with customers ...

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Morrison spruiks budget, slams union ‘extortion’

As the government prepares to unveil its COVID budget, Scott Morrison has taken the opportunity to outline its contents and slammed “extortion” by ...

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