Powered by MOMENTUM MEDIA
lawyers weekly logo
Advertisement

News

super

20 April 2020 • By Lachlan Maddock • 1 min read

Australia will see ‘mega funds’

Australia’s superannuation sector will soon see its first “mega fund”, but it’s unclear that the benefits of that scale will reach consumers

READ MORE
icon

Big four bank signals $1.1bn earnings hit

A major bank has indicated its first-half earnings will be eaten away by $1.14 billion, including further remediation provisions dominated by adviser ...

READ MORE
icon

Investment firms restrained from promoting products

The Federal Court has made interim orders restraining two firms within an investment group from promoting their products, alongside limits on words ...

READ MORE
icon

Court throws out QSuper, fund manager appeals against AFCA

The Federal and Supreme Courts have dismissed the appeals of QSuper and a boutique fund manager against the financial complaints authority, after both ...

READ MORE
icon

Libra crypto gets revamp

A global cryptocurrency from one of the world’s largest software companies has undergone sweeping changes after drawing the ire of regulators

READ MORE
icon

Out of the frying pan, into the fire

COVID-19 will exacerbate some of last year’s most dangerous trends, and the forecast “recovery” could be anything but. Prior to our new normal, ...

READ MORE
icon

Sovereign wealth fund reinstalls board members

The Future Fund has extended the tenures of two of its members on its board of guardians. Carolyn Kay and Dr Jane Wilson have kept their seats on ...

READ MORE
icon

AFCA appoints investments, super lead ombudsmen

The Australian Financial Complaints Authority (AFCA) has locked in heads from MLC Life and a national superannuation law practice to be its new lead ...

READ MORE
icon

BlackRock bites back at bailout claims

The world’s largest asset manager has hit back at suggestions it might profit from government contracts amid the global market crisis

READ MORE
icon

Investment platform records over double trading volume amid crisis

Platform provider Xplore Wealth saw roughly two to three times its normal level of trading in March, as investment managers repositioned their ...

READ MORE