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20 August 2020 • By Sarah Simpkins • 1 min read

ASIC launches civil proceedings against StatePlus Super

ASIC has commenced civil penalty proceedings in the Federal Court against StatePlus Super for charging more than 36,000 members fees for no service

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COVID hit drags Perpetual profit

Perpetual recorded an $82 million net profit for the full year, down by 29 per cent as it clocked lower revenue from COVID-depleted funds

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Red tape is holding businesses back

Despite the Morrison government’s push to grow the country out of debt, a huge number of businesses feel ignored by the government and believe ...

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Global economy running ‘relay recovery’: State Street

One of the world’s largest asset managers believes the recovery from COVID-19 is playing out like a “high-stakes relay race”, with new risks at every ...

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Moelis rolls out board changes

Moelis Australia has welcomed a chief operating officer of investment banking and a Sydney Swans non-executive director to its board. Alexandra ...

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Shaw and Partners hires senior wealth adviser

Shaw and Partners has recruited a former senior private wealth adviser from ANZ Private to its Brisbane office. Greg Maher has joined the firm as a ...

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Investors demand stronger climate risk transparency

Australian institutional investors have called for reforms to climate risk disclosure from companies, including the reporting of links between ...

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Mayfair 101 insists revamp to continue on snatched island

Mayfair 101 Group has said it will push ahead with its Mission Beach and Dunk Island redevelopments as it aims to line up funding, after the previous ...

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Super wars heat up

The superannuation cold war has gone hot, with both sides trading barbs over a potential freeze in the SG increase while industry bodies insist ...

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ASFA blasts super raid for home buyers bid

The Association of Superannuation Funds of Australia has labelled a proposal from a construction industry body for the early release of super for ...

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