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23 June 2020 • By Sarah Simpkins • 1 min read

AMP Life sale greenlit

AMP has received regulatory approval for the sale of its life insurance business. The transaction is expected to wrap up after the market closes on ...

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McEwan warns on bank profits

The CEO of NAB has said that banks will be less profitable as they struggle to deal with the legacy of the royal commission and the COVID-19 shock

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Women on top boost value

New research has shown ASX companies that increase female employees in “top-tier” management roles by 10 per cent or more could see a 6

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No recovery until 2021: Mann

One of the world’s leading economists has warned the recovery will not be satisfactory “in any way, shape or form” as hopes for a rapid rebound fade

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Super system failing retirees

More than two-thirds of Australia’s retirees do not believe the superannuation system will be enough to provide them with a “dignified” retirement

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Early super payouts near $16bn

Superannuation funds have now paid out more than two million claims under the early release scheme, with the total reaching $15.9 ...

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Challenger launches $300m raise, axes dividend

Challenger has launched an equity raising, with the group slashing its full-year dividend and turning to investors to help it chase fixed-income ...

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Economic recovery hangs as retiree confidence drops

An alliance of retiree groups has warned the government that the nation’s economic recovery is at risk after the COVID-19 crisis dampened the ...

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Investment communities tend to ignore racism, Aus group says

An Australian investing group has said it is “abnormal” for conversations in the finance and investment industry to address systemic racism, pledging ...

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WA wealth managers set up merger

Two stockbroking, institutional and wealth management firms in Western Australia are looking to join forces, under a proposed merger transaction

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