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regulation

25 February 2021 • By Reporter • 1 min read

ASIC sues NAB for unconscionable conduct

ASIC has commenced proceedings in the Federal Court against NAB alleging that it charged fees for making periodic payments when it was not entitled to

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Ethical boutique hires sustainability analyst

Ethical Partners Funds Management has expanded its sustainability team with the addition of an analyst.  Georgina Murray has joined the boutique ...

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Aviva names real assets CIO

Aviva Investors has appointed a chief investment officer of its real assets business. Daniel McHugh will be taking the role, replacing predecessor ...

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IOOF gunning to retain top spot

IOOF boss Renato Mota has outlined how the giant is positioning itself to expand even further, as the MLC acquisition is set to crown it Australia’s ...

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New merger for industry fund

The $16 billion industry fund will gobble up a smaller corporate fund as merger activity begins to heat up. Toyota Super will merge with Equipsuper ...

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Wells Fargo to shed asset manager

Wells Fargo & Company has entered into an agreement to sell its asset management arm for US$2.1 billion ($2.6 billion).  The deal, which will ...

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ASIC will offer immunity to financial criminals

ASIC will now consider extending immunity to serious financial criminals if they assist it in its investigations and enforcement actions

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Australian Ethical eyes competitors

Australian Ethical will target advisers and the high-net-worth market as it looks to outpace its competition and capitalise on the rising popularity ...

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Big four super members least satisfied

New data from Roy Morgan has shown consumer satisfaction with the major banks’ retail superannuation funds has ranked the lowest, trailing ...

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Financial sector cannot ignore modern slavery: KPMG

As the reporting deadline for the Modern Slavery Act creeps closer, KPMG and the Australian Human Rights Commission have warned that after the royal ...

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