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08 November 2016 • By Tim Stewart • 1 min read

Westpac profit flat at $7.8bn, ROE slips

Westpac has reported a cash profit of $7.82 billion for the year to 30 September 2016, flat on the previous year. While Westpac's cash profit was ...

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Suncorp to white-label Challenger annuity

Suncorp has entered into an agreement with Challenger to launch a white-label annuity product to its customers. Under the agreement, Suncorp's ...

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Record-breaking bank profits over: EY

A number of headwinds are putting the profitability of the major banks under pressure, and the run of record-breaking profits in recent years is ...

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Henderson's Australian AUM hits $17bn

One year on from Henderson Global Investor's purchase of two Perennial funds management businesses, the group's Australian assets under management ...

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New chief investment officer for VicSuper

VicSuper has named Andrew Howard as the business’ new chief investment officer, commencing in the role 23 November 2016. Mr Howard has more than ...

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Government consults on CIV withholding tax

The government has released a consultation paper about non-resident withholding taxes on collective investment vehicles (CIVs), following up on its ...

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US economy at risk of recession: Man FRM

The US Federal Reserve could increase interest rates in December despite the very real likelihood of a recession, according to Man FRM. In a note ...

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Bennelong to open UK fund manager

Bennelong Funds Management has announced it will launch a stand alone London-based funds management business to partner with specialist boutique funds ...

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Morningstar to provide open access to indexes

Research house Morningstar will provide asset managers and other financial services providers with free access to over 100 global equity indexes for ...

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ETF industry needs to innovate distribution: EY

The ETF market is likely to double by 2020, but the industry needs to act on digital innovation in order to improve their distribution methods, new ...

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