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Government reforms risk ‘compromising the independence’ of proxy advisers

02 June 2021 • By Neil Griffiths • 1 min read

Government reforms risk ‘compromising the independence’ of proxy advisers

Global asset manager Dimensional says the government’s reforms on proxy advice threaten adviser independence in a submission to Treasury this week

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RBA makes last cash rate call for this financial year

The Reserve Bank of Australia has made its last call on the official cash rate for this financial year. As widely predicted, the RBA has held the ...

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‘Surprising and disappointing’: Greater innovation needed in retirement strategies

Those nearing retirement ages are being hindered by a lack of innovation on the types of products available, according to Zenith Investment Partners ...

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ASIC bans Global Merces Funds Management director

ASIC has issued a six-month ban to Holly Marie Grofski, director of Global Merces Funds Management Ltd (Global Merces). The ban “prohibits Ms ...

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Investor confidence increases to largest margin of 2021

Investor confidence is at a record high for 2021, according to State Street. The results of the local servicers’ Investor Confidence Index (ICI) ...

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New report gives insight into ‘blind spots’ of climate finance

A new report released this week has given insight into the “blind spots” of climate finance where uncertainty persists for investors

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ESG and active management driving change in portfolio construction trends

The rise of ESG and the breakdown of the traditional portfolio allocation have been contributed to a clear change in portfolio construction

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Regulator sues AMP for charging deceased customers

The corporate watchdog is launching civil proceedings against five companies associated with the AMP Limited group for allegedly charging life ...

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High-net-worth investors ‘optimistic’ about economy in 2021

New research from Citi Australia has found that high-net-worth investors are 2.5 times more optimistic about the economic outlook for 2021 than they ...

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Submissions open for Women in Finance Awards 2021

Nominations and submissions are now being accepted for the 28 categories of the fifth annual Women in Finance Awards. Hosted by Momentum Media, the ...

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