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28 May 2020 • By Lachlan Maddock • 1 min read

Consolidate or die?

APRA has warned super funds must be able to demonstrate their “right to remain” – and if they can’t, they could be forced to merge

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First Sentier appoints global infra head

First Sentier has appointed an infrastructure veteran to head up global investments for its unlisted business. Niall Mills will serve as head of ...

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‘We have a long battle ahead’: Byres

APRA chairman Wayne Byres has told banks to prepare for the long haul and warned that the idea that the financial system will return to normal is ...

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MLC unveils new advice business

MLC has announced a new licensee network for self-employed advisers and advice businesses as it attempts to create a “more focused and sustainable” ...

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WealthO2 hires CTO

An advice technology provider has appointed a new chief technology officer as it doubles down on technology investment amid increasing demand for ...

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Bank picks CEO

A bank has confirmed its acting chief executive as its new boss. Qudos Bank has appointed Michael Anastasi as CEO, after he has been acting the ...

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Stimulus must stay: Lowe

RBA governor Philip Lowe has warned that withdrawing the massive fiscal stimulus risks destabilising the recovery at a critical point. While the ...

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Retirement funder adds 2 executives

A specialist retirement funding provider has expanded its team, adding two C-suite executives. Household Capital has appointed Luke Rattigan to the ...

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ME Bank director to step down, becomes Afterpay chair

A director of ME Bank will be giving up her seat on the board, having already become the chair of Afterpay. Elana Rubin has transitioned from ...

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Court orders receivers to WA firm 

The Federal Court of Australia has sided with ASIC over a case concerning an alleged unregistered managed investment scheme and a related company, ...

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