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Court finds former super trustee failed to act ‘honestly and fairly’

29 July 2021 • By Neil Griffiths • 1 min read

Court finds former super trustee failed to act ‘honestly and fairly’

The Federal Court has found that a former superannuation trustee “failed to act efficiently, honestly and fairly when providing financial services” ...

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Macquarie Group net profit ‘significantly’ up for 1Q22

Macquarie Group has reported that its net profit contribution for the first quarter of its 2022 financial year is “significantly” up on Q1 2021

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‘A vital lifeline’: Major banks pledge support for extended lockdown payments

Major banks around Australia have welcomed government support in the wake of extended lockdowns. With Greater Sydney now facing an extended ...

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Inclusion trumps diversity in investment performance: Report

A new report from a responsible investing consultancy suggests that while many blue-chip companies have diversity programs that look good on paper, ...

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Alternative investment giant joins net-zero initiative

A global alternative investment manager has joined the funds management industry fight to reach zero emissions. In a statement, Man Group said it ...

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Forum Group to be liquidated as Westpac case proceeds

Provisional liquidators are to be appointed to the group of businesses at the centre of a large-scale fraud against Westpac, after the majority of the ...

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Annual inflation for June quarter sees spike

Annual inflation for the June 2021 quarter has increased but a chief economist says the figures should not be surprising. The latest ABS CPI for ...

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NSW expands JobSaver as lockdown is extended

The state will expand the JobSaver turnover threshold and increase maximum payments as Greater Sydney braces for another four weeks of lockdown

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Calls for crypto businesses to ‘be put on par’ with financial services institutions

A crypto platform has called for businesses within the space “to be put on par” with other financial services institutions for banking services

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ESG considerations not prominent in multi-asset space

ESG strategies are not implemented enough in the multi-asset space, according to a local firm. Speaking during a virtual roundtable on Wednesday, ...

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