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26 August 2020 • By Sarah Simpkins • 1 min read

ASIC rolls out relief for frozen fund hardship withdrawals

The corporate regulator has launched new relief measures for managed fund operators to facilitate withdrawals for members facing financial hardship ...

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Citi names banking, wealth sales head

Citi Australia has promoted its head of investment specialists to lead its banking and wealth management distribution. Gofran Chowdhury has been ...

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New AMP allegations might just be the start

A series of new allegations threaten the long-promised cultural turnaround at AMP, while more accusers could be preparing to come forward

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Australian Ethical sees record profits

The ethical wealth player has seen record profits and inflows as it passes “the most significant test” of its investment ethos with “flying colours”

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Government passes super choice bill

The government has passed a bill allowing workers to choose their superannuation fund, overriding enterprise bargaining agreements that previously ...

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HESTA took Westpac to task over AUSTRAC

One of Australia’s largest super funds has revealed its role in a slew of class actions against Australian companies and the downfall of former ...

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AMP rocked by new sexual harassment allegations

Senator Deborah O’Neill has aired new sexual harassment claims made by a former AMP employee in the aftermath of Boe Pahari's demotion

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Early release turns net super contribution flows negative

Quarterly net contribution flows to the industry, at -$2.3 million, were negative for the first time since the inception of mandatory super during the ...

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CFA Institute draws up ESG industry standard

Global association CFA Institute, has invited feedback on its draft ESG disclosure standards for investment products, in an effort to address ...

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AMP sexual harassment victim demands paper trail

The former employee behind the AMP sexual harassment scandal has renewed her call for the wealth giant to release the full text of her complaint ...

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