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07 May 2020 • By Sarah Kendell • 1 min read

Up to 150 fund members affected by early release scam

The Australian Federal Police are investigating a fraud committed through the government's early release of super scheme where up to 150 super fund ...

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SMSF industry body appoints deputy CEO

A former board member and technical director of the SMSF Association has returned to be its new deputy chief and director of policy and education

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ASX picks chief compliance officer

The ASX has appointed a new chief compliance officer, set to start in July. Kevin Lewis has stepped down as the stock exchange’s chief compliance ...

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Big four bank restructures private client arm

A big four bank has restructured its private wealth advice arm to sit within its broader retail banking division, in a move the bank says will better ...

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Investment consulting giant expands into retail

One of Australia’s largest investment consulting firms has entered the market for providing managed account services to financial advice practices

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Super fund reports member switching tripled amid virus

A big four bank’s superannuation business saw switches by fund members rise to three times the usual rate in March, as the coronavirus pandemic rocked ...

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Refinitiv partners with boutique wealth manager

Refinitiv partnered with a boutique private wealth firm to provide a customised open data platform, aiming to deliver solutions for the company’s ...

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Clearing house pleads guilty to mishandling client money

The company is the first in Australia to face criminal prosecution and plead guilty to breaching client money provisions. Pershing Securities ...

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Squeezed dividends could diminish ASX returns

Retirees, companies and investment managers alike are expected to be hit by capital retention policies alongside lower earnings across sectors, with ...

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New retail investors flood market despite ‘dangerous’ conditions

The corporate watchdog has expressed concern that retail investors could be playing with fire as the number of newcomers entering the market during ...

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