Powered by MOMENTUM MEDIA
investor daily logo

Markets

markets

27 June 2019 • By Eliot Hastie • 1 min read

Royal commission continues to be an unprecedented disaster for AMP

The jury is still out at Morningstar on whether new management can deliver a wide range of remedial actions in the wake of AMP’s royal commission ...

READ MORE
icon

Investors urge G20 leaders to step up climate change ambition

Australian super funds are among the 477 investors urging G20 leaders to step up their ambition on climate change and enact stronger policies

READ MORE
icon

Superannuation class action filed against AMP

Slater and Gordon today filed a class action against AMP on behalf of over 2 million Australians.  The class action is the second to be filed by ...

READ MORE
icon

QBE joins FIAP program

QBE Insurance Australia has become one of the first insurers to join the Financial Inclusion Action Plan program to promote greater financial ...

READ MORE
icon

AFS licence of BBY further suspended

ASIC has extended the suspension of the AFS licence held by BBY until 28 May 2020, increasing the suspension by another 12 months. In 2015, ASIC ...

READ MORE
icon

Wall St giants tipped to snap up wealth managers

Goldman Sachs’ recent $1 billion acquisition of United Capital marks the beginning of a new M&A boom for the wealth management industry, according ...

READ MORE
icon

‘The board is disappointed we did not meet your expectations’: Westpac

Westpac’s chairman has made a series of apologies to the bank’s shareholders in a statement to the ASX accompanying the interim dividend statement

READ MORE
icon

Failing to act on climate change carries a price tag: APRA

An executive board member of APRA has told delegates that failing to take action on climate change now will lead to much higher economic costs in the ...

READ MORE
icon

ASIC cannot regulate culture

ASIC’s commissioner has said that the commission will do what it can to rebuild trust in the industry but could not regulate culture. John Price, ...

READ MORE
icon

ABA hails drop in bank fees

The Australian Banking Association has applauded moves by several banks to abolish ATM withdrawal fees after new figures showed a significant drop in ...

READ MORE