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12 August 2020 • By Sarah Simpkins • 1 min read

Stop tinkering with policy, super funds warn government

An industry body has pushed for stability in superannuation legislation, cautioning further changes to policy and regulation could lower member ...

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Super funds claw back losses

Superannuation funds are close to recouping their COVID-19 losses, but face “stark uncertainty” as Australian cases continue to rise

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CBA profit plummets

CBA has announced it will slash its dividend as profits fell 11 per cent and loan-loss provisions rose.  CBA’s cash net profit after tax was $7.2 ...

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Link CEO to retire

Link Group has indicated its managing director and chief is set to retire early next year, with the QBE boss to take his place. John McMurtrie will ...

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Services are ‘Achilles heel’ for recovery

Weakness in the services sector is threatening the recovery globally despite “buoyant” PMIs raising hopes for a V-shaped rebound. While consumption ...

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Cbus boosts leadership

The $54 billion super fund has appointed the former chief of World Vision’s retail and supporter experience as its new head of service for member and ...

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Challenger cops $416m loss

Challenger saw a $416 million loss for the full year and it scrapped the final dividend, with the group suffering hits from the COVID-19 pandemic and ...

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Green recovery not on the cards

COVID commission boss Nev Power has tamped down on calls for a “green recovery”, saying it’s the job of the commission to boost the economy in the ...

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BlackRock could be eyeing AMP exec pay

BlackRock has signalled it expects to sit down with the board of an Australian wealth group, which could be read as AMP, to work on its executive pay ...

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ASIC drops investigation into ex-AMP chair

The corporate regulator has confirmed it will not take any action against former AMP chairwoman Catherine Brenner following revelations at the royal ...

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