Powered by MOMENTUM MEDIA
lawyers weekly logo

News

default image

04 November 2013 • By • 1 min read

'Son of Wallis' timeframe questioned

The so-called 'Son of Wallis' inquiry into the financial system may be premature given that financial services professionals are still "coming to ...

READ MORE
icon

Fund managers guilty of 'groupthink'

Reluctance towards challenging group views is damaging the quality of investment decisions by fund managers, according to Hyperion Asset Management ...

READ MORE
icon

FOS disputes edge up in third quarter

The number of disputes received by the Financial Ombudsman Service (FOS) increased marginally in the September quarter, but is down five per cent on ...

READ MORE
icon

Macquarie's financial services profit drops

The banking and financial services arm of Macquarie Group has recorded a net profit of $111 million for the half year ended September 2013, down 10 ...

READ MORE
icon

Banned Trio director denies wrongdoing

Former Trio Capital director David Millhouse has “denied any wrongdoing” in the company's collapse, despite expressing regret as part of his ...

READ MORE
icon

Mercer gains MySuper approval

Mercer has received regulatory approval from the Australian Prudential Regulatory Authority (APRA) to offer its MySuper product. The MySuper ...

READ MORE
icon

Inflation to hit yield-seeking investors

Financial product providers and advisers have a responsibility to educate investors about the risk inflation poses to their portfolios, according to ...

READ MORE
icon

ASIC calls for stronger enforcement powers

The corporate regulator has called for greater search warrant powers and a wider range of penalties in its major submission to the Senate inquiry into ...

READ MORE
icon

ANZ offloads Super Concepts

ANZ has sold its self-managed superannuation fund (SMSF) administration business Super Concepts to 49 per cent AMP-owned SuperIQ. As part of the ...

READ MORE
icon

Perpetual projects $45M 6-month profit

Perpetual expects its underlying profit after tax for the first half of the 2014 financial year to be in the range of $45 million to $50 million, ...

READ MORE