State Street opens new headquarters, brand refresh
State Street Corporation has opened its new global headquarters building at One Congress Street, located in the Bullfinch Crossing area of downtown Boston, US.
September 22, 2023
Four steps for super funds to meet the retirement challenge
To adopt best practice in retirement, super funds need to make it a top priority, resolve their organisational structure, implement strong executive-level leadership and consider the creation of a retirement committee.
September 22, 2023
Maple-Brown Abbott gets Future Fund small caps mandate
Maple-Brown Abbott has been chosen by the Future Fund to execute a new Australian active small caps mandate as they selectively pursue alpha-seeking strategies in their $65 billion listed equities program.
September 22, 2023
Federal Court fines NAB $2.1m for unjust banking fees
The Federal Court has ordered NAB to pay a $2.1 million penalty for wrongly charging customers periodic payment fees.
September 22, 2023
Working it out: The adviser group aiming to re-build SOAs
Ahead of an expected government consultation on future regulatory standards for Statements of Advice, a working group of advisers is trying to create a blueprint to present to the government. But they are calling on the industry to add their input to further solidify consensus in the profession.
September 21, 2023
Advice now on students’ radar
Striver, which focuses on expanding the recruiting pool with new talent, held its inaugural 'Brimstone' event in Sydney this week to tout the benefits of the profession.
September 21, 2023
APRA announces proposed updates to SPS 515
APRA is updating Prudential Standard SPS 515 Strategic Planning and Member Outcomes (SPS 515) to drive better outcomes for superannuation members in areas such as trustee expenditure of member funds, management of financial resources, and the transfer of members in and out of funds.
September 21, 2023
ASIC finalised over a thousand AFSL applications in FY23
ASIC finalised over 1000 Australian Financial Service Licensee applications in the last financial year.
September 21, 2023
HESTA welcomes Victoria’s 2024-34 Housing Statement
Industry super fund HESTA has welcomed the Victorian Government’s 2024-34 statement on housing and the partnership approach to foster the conditions necessary to stimulate investment and expedite the construction of high-quality homes.
September 21, 2023
Global housing resilient amid inflation surge: UBS Report
The world’s housing markets have displayed remarkable resilience in the face of a global surge in inflation and interest rates, according to the UBS ‘Global Real Estate Bubble Index 2023’.
September 21, 2023
ASIC sues crypto exchange Kraken for DDO failures
ASIC has commenced civil penalty proceedings in the Federal Court against Bit Trade, the provider of the Kraken cryptocurrency exchange to Australian customers.
September 21, 2023
MLC Life launches adviser discounts
MLC Life Insurance has launched a campaign called “It’s not a miscount” to promote its new business pricing, including discounts that are available to retail customers through their adviser.
September 21, 2023
