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30 March 2021 • By Sarah Simpkins • 1 min read

ACCC gives go-ahead to NAB, 86 400 deal

The ACCC has cleared the way for NAB’s proposed acquisition of neobank 86 400, ruling other fintechs in the marketplace will keep competition alive

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Will super stapling create ‘terrible’ member outcomes?

Members will be tied to an underperforming fund, creating “terrible” retirement outcomes under the current stapling arrangements in the Your Super, ...

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ACSI warns on ‘fatally flawed’ reforms

One of the nation’s leading superannuation organisations has poked holes in the Your Future, Your Super (YFYS) reforms ahead of Parliament passing ...

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APRA chair sceptical of ‘extreme’ super fund claims

APRA chair Wayne Byres has voiced scepticism around the “extreme claims” made by super funds about the upcoming reforms and said that index hugging ...

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Foreign investment regulator green-lights Mainstream acquisition

Hong Kong fund administrator Vistra Group is confident it will secure Aussie firm Mainstream Group, as the Foreign Investment Review Board has flagged ...

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ASIC CFD product intervention takes effect

The regulator’s product intervention order imposing conditions on the issue and distribution of contracts for difference (CFDs) to retail clients has ...

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NZ REIT exits AMP Capital management deal

Listed New Zealand real estate investment trust (REIT) Precinct Properties New Zealand has ended its management contract with AMP Capital for $197 ...

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Women’s economic security added to Hume’s portfolio

Prime Minister Scott Morrison has added the task of overlooking women’s economic progress to Jane Hume’s portfolio, as part of a cabinet reshuffle

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O'Dwyer joins Equity Trustees

Former Liberal party financial services minister Kelly O'Dwyer has joined Equity Trustees as a non-executive director. Kelly O'Dwyer was the ...

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Industry fund payments to journalists under the microscope

Liberal MP Jason Falinski took the prudential regulator to task for failing to question why ABC journalists were receiving payments from industry ...

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