BlackRock has appointed Christian Obrist as the new head of its Australian ETFs business.
Property trusts are trading at a considerable discount to their physical counterparts, driving a flurry of corporate dealmaking, according to Resolution Capital’s global portfolio manager.
The regional bank has today announced that it will not proceed with the sale of its insurance business to Freedom Insurance Group.
Mercer has partnered with an Australian e-commerce company to launch a low-fee superannuation fund.
Commonwealth Bank chief financial officer Rob Jesudason has resigned after just under a year in the role.
The major bank’s group general counsel, who played a critical role in the bank’s AUSTRAC, BBSW, APRA inquiry and royal commission challenges, is to retire later this year.
The royal commission has today heard how the insurance division of Australia’s biggest bank may have broken the law by breaching its contract with the financial ombudsman.
The Commonwealth Bank has agreed to pay $700 million to settle a case brought by AUSTRAC relating to anti-money laundering and counter-terrorism financing laws.
Australia's biggest bank has increased the amount of compensation offered to financial advice clients, according to KordaMentha Forensic’s final report on the bank's advice compensation.
Following an ASIC investigation, Citigroup will refund over $3 million to 114 retail customers for losses arising out of structured product investments offered between 2013 and 2017.
Slater & Gordon has announced today the launch of what could potentially be Australia’s largest class action lawsuit.
A national law firm is considering a class action against embattled wealth giant IOOF.
The life insurer has admitted it took no disciplinary action against the head of its direct sales division after he told senior management that he was looking to ‘circumvent’ FOFA and break the law.
Australia has driven down corporate deal making activity in the Asia-Pacific region over 2018 amid growing concerns over compliance and ambiguity over future policies.
An Australian investment management business has today announced the appointment of its new chief executive officer.
The former director of collapsed wealth group Trio Capital has warned that systemic failures in the financial services industry will continue in Australia unless laws are changed.
We’ve unpacked the 2019-20 federal budget and identified exactly what it means for Australian wealth management professionals and their clients.
ASIC has cancelled the AFSL of retail OTC derivative issuer Berndale Capital Securities and banned its former director.
The royal commission has heard how the insurance provider sold cover over the phone to a number of vulnerable people including a disabled man with Down Syndrome.
Australia’s competition watchdog is proposing to accept an application for a certification trademark that signals to potential investors that a fund manager or financial institution’s investments by a fund manager or financial institution are ‘tobacco free’.
Page 2 of 4