Former Statewide Super executives charged with dishonesty offences
Two former Statewide Superannuation executives have been charged with dishonestly using their positions for the benefit of another between February and December 2019.
December 12, 2022
Plato IM expects ASX 200 to deliver 6pc yield in 2023
Investment management firm Plato Investment Management is projecting the ASX 200 will deliver a gross yield of 6 per cent in 2023, including dividends and franking credits.
December 12, 2022
Super trustees on notice to uplift complaints handling: ASIC
Superannuation trustees are on notice to improve their internal dispute resolution systems after a targeted review of trustee compliance with the enforceable complaints handling requirements, according to the corporate regulator.
December 12, 2022
JPMAM launches two new sustainable ETFs
J.P. Morgan Asset Management (JPMAM) has launched two new active sustainable ETFs on the ASX.
December 12, 2022
Pendal names 3 appointees to Perpetual board
As part of the proposed acquisition of Pendal Group, Perpetual has announced the three Pendal directors that will join the board in an announcement to the ASX on Monday morning.
December 12, 2022
‘A tricky thing’: Researchers inevitably will need to deal with managed portfolio conflicts
Managed account portfolios produced by research houses and asset consultants are not sufficiently scrutinised by the broader research community. For researchers, researching their own portfolios creates an obvious conflict of interest.
December 09, 2022
‘Significant breakthrough’: ASIC drops recommended SMSF balance threshold
The minimum recommended balance for an SMSF has been removed in a guidance update from ASIC, but the SMSF Association has reminded advisers that setting up a low-balance SMSF is still not in a client’s best interest.
December 09, 2022
MPG stop order revoked
Stop orders issued by ASIC for two MPG Funds Management products have been revoked.
December 09, 2022
ART launches new digital service
Australian Retirement Trust has launched a digital tool to streamline the superannuation onboarding process.
December 09, 2022
‘I’d be surprised’ if banks get back into advice: Jones
The minister remains committed to not publicly commenting on the Quality of Advice Review ahead of next week’s deadline, but regardless of which direction the government goes Jones believes there is no path for banks to return into advice.
December 08, 2022
CBA boosts remediation coverage for CountPlus
The Commonwealth Bank of Australia has almost doubled remediation coverage to CountPlus for past misconduct when it owned Count Financial.
December 08, 2022
