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16 August 2021 • By Sarah Kendell • 1 min read

Sydney Airport rejects new takeover bid

Sydney Airport has knocked back a second takeover offer from a super fund-led investment consortium that it says “continues to undervalue” the group’s ...

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Court orders CBA to publish misconduct notices

The Federal Court has ordered the Commonwealth Bank of Australia (CBA) to publish notices on its website and newsroom acknowledging the bank’s “false ...

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State Street appoints new collateral management head

State Street has announced a new head of collateral management for Asia Pacific. Sam Edwards will take on the role, joining the US financial ...

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Kina in talks with regulator on Westpac Pacific sale

Westpac’s suitor for its Pacific-based businesses has made overtures to the PNG competition regulator after it knocked back the group’s bid to ...

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Government announces ‘important changes’ for superannuation financial reporting

The Morrison government has announced it is making “important changes” to the superannuation financial reporting system. In an effort to ...

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Praemium earnings flat as inflows climb

The listed managed accounts platform recorded over 100 per cent growth in inflows over the 2021 year, but the costs of its acquisition of rival ...

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Investors revolt on CBA climate ‘failure’

More than 100 shareholders will bring forward a resolution at the major bank’s forthcoming AGM to force it to improve its commitments toward net-zero ...

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Senator points to ‘gap’ in Your Future, Your Super data

As funds gear up to report more granular data around fees charged to members in line with the government’s Your Future, Your Super reforms, a ...

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Super funds push back on government’s retirement paper

Super industry bodies have questioned claims made in the government’s retirement income paper that a large proportion of retirees will die with money ...

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Global asset manager announces new senior recruits

Aberdeen Standard Investments (ASI) has confirmed two new executive appointments for its Asia-Pacific distribution team. The global asset manager ...

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