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Class action launched against Mayfair fund trustee

14 December 2020 • By Sarah Kendell • 1 min read

Class action launched against Mayfair fund trustee

A compensation law firm has launched a class action against the trustee of collapsed Mayfair fund IPO Wealth, as unitholders in the fund look ...

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ACCC greenlights IOOF, MLC deal

The ACCC will not oppose IOOF’s acquisition of MLC Wealth Management, ruling the merged retail wealth giants will still face competition from AMP and ...

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Australian Digital Technology Awards open for submissions 

Momentum Media, the parent company of InvestorDaily, has launched the inaugural Australian Digital Technology Awards. The Australian Digital ...

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Retail super dodges performance test: ISA

Nearly half of the superannuation system would be exempt from new performance tests designed to protect members from dud funds. Around $881 billion ...

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Westpac puts horror year behind it

It’s a time for change at Australia’s oldest bank as Westpac looks to resume more consistent dividend payouts and refresh its reputation in the wake ...

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Parliament passes royal commission reforms

The first bill implementing recommendations from the royal commission has passed both houses in Parliament, granting ASIC stronger regulatory power in ...

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BlackRock backs shareholders in climate push

BlackRock has sent a stern warning to the C-suite that the need for “urgent action” to address climate change will see it back more shareholder ...

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AMP appoints new Australian CEO

The wealth giant has announced the appointment of a former Sunsuper chief executive to head AMP Australia as it gears up to transform its advice arm

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ASIC drags derivatives issuer to court

ASIC has launched civil penalty proceedings against Union Standard International and its former corporate authorised representatives for a slew of ...

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APAC investor optimism higher year-on-year

There has been a slight rise in Asia-Pacific institutional investors who are positive about the long-term compared to this time last year, with a new ...

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