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regulation

03 July 2017 • By • 1 min read

ASIC raises concerns with superannuation trustees

A report released by ASIC has found a number of discrepancies in the practices of superannuation funds that have resulted in detrimental customer ...

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Bank culture warrants further investigation, Senate hears

A Senate committee has said further investigation is needed into a “powerful driver of frontline behaviour” by bank staff that harmed employees and ...

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Big four bank satisfaction well behind mutuals

Smaller banks continue to be significantly ahead of the big four banks when it comes to overall customer satisfaction, according to Roy Morgan

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APRA considering ‘two-phased’ licensing

The prudential regulator is considering adopting a “two-phased” licensing approach in order to foster financial services competition

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ASIC seals Malaysia fintech agreement

The Australian corporate regulator has signed an agreement with its Malaysian counterpart, providing a co-operation framework to support and ...

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Short-form PDS exemption extended

Hedge funds, multi-manager funds and superannuation platforms will continue to be excluded from ASIC’s shorter PDS regime, the regulator has announced

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Pengana enters deal with UK asset manager

Pengana Capital Group has engaged in a strategic agreement with a UK-based investment manager to manage one of its funds. The agreement with WHEB ...

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REST chief executive to step down

Long-serving REST chief executive Damian Hill will leave the industry fund at the end of his contract in January 2018. Mr Hill has agreed to ...

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UBS chief economist Scott Haslem resigns

UBS chief economist for Australia and New Zealand, Scott Haslem, has resigned from the investment bank and an internal replacement has been named

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Real return funds gaining traction: Perpetual

Real return assets under management have more than quadrupled in the past five years to $10 billion, says Perpetual. Real return strategies are ...

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