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21 October 2020 • By Sarah Kendell • 1 min read

NSW court hits Societe Generale with fine

The European bank's Australian operations have been hit with a $30,000 fine after the group was found to have breached client money obligations

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Australia slips in global pension index

Australia’s superannuation system has dropped by one place in its global pension ranking in Mercer’s 2020 index, with the study finding it still has a ...

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When will Afterpay’s founders pass the torch?

While Afterpay is still green behind the ears, co-founder Anthony Eisen is already thinking about how he’ll manage succession at the fintech heavy ...

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Perpetual to launch international segment

Perpetual has signalled it will introduce a new division focused on international asset management, which will include its recently acquired US ...

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Industry funds keep consultant spend under wraps

While the Your Future, Your Super reforms have put the use of members’ money at front of mind, a number of funds have insisted that their spending on ...

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AMP switches NZ wealth to passive

AMP has flagged a new investment management strategy for its New Zealand wealth management business, with the segment to move towards a predominantly ...

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Top 20 managers ruling 43% of giants’ assets

The top 20 global asset managers have gained a market share of almost half (43 per cent) of the total assets overlooked by the 500 largest managers, ...

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Climate targets sweep across ASX as investors demand disclosure

There has been a surge in leading ASX companies adopting net-zero emissions commitments as investors have demanded information around climate risk, ...

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bfinance targets Aussie instos with key appointment

Independent investment consultancy bfinance has appointed a new client consultant as it expands its footprint among Australian institutional investors

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Straight to the top for AMP acting boss?

The acting chief of AMP Australia has been appointed as a director of the board of the Financial Services Council (FSC), raising questions as to how ...

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