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28 April 2021 • By Sarah Kendell • 1 min read

Westpac settles life insurance class action

The major bank has settled a class action filed against it by Shine Lawyers relating to the mis-selling of overly expensive insurance products by its ...

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Westpac writes down first-half earnings by $280m

The big four bank announced that its first-half earnings would be reduced by almost $300 million as it added significantly to its remediation costs

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AMP to spin off private markets business

AMP has announced it will pursue a demerger of its private markets arm, while a controversial executive will exit the business. After failing to ...

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SG freeze could be Coalition’s Achilles heel: Hewson

Following speculation that the government will go ahead with the promised increase to the SG rate in the coming budget, an ex-Liberal leader has said ...

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‘Change the rules of the game’: Lambie urges women’s super reform

Independent senator Jacqui Lambie has urged the government to address gender inequality in the super system at the coming federal budget by scrapping ...

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Phony investment manager charged with dishonesty

A NSW man has been charged with dishonest conduct and operating an unlicensed financial services business, after the regulator alleged he raised money ...

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Treasury grilled on missing detail in super overhaul

Treasury officials faced a grilling from a Senate committee on Thursday after failing to confirm when the government would release the details of its ...

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Momentum Media launches Adviser Innovation Summit 2021

One of the most popular events on the financial adviser calendar is back and better than ever in 2021, delivered in a physical format for the first ...

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Do performance fees make a difference?

New research has revealed that a performance fee-only approach does not necessarily equate to better performance from active managers. The data ...

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JobKeeper withdrawal could see 150k job losses

Treasury has said the withdrawal of JobKeeper at the end of March could see as many as 150,000 more Australians out of work, with the hesitance of ...

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