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01 March 2018 • By Jessica Yun • 1 min read

Banks hamstrung by digitisation: Ariel

The global banking sector, which has benefited from its "inertia" for decades, is under cost pressure as it attempts to reconcile legacy IT systems ...

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NPP to benefit super members: CBA

Near-instantaneous payments (NPPs) under the recently launched New Payments Platform will cut down the lag in employer superannuation payments, ...

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CFSGAM funds 'under review' following closures

Colonial First State Global Asset Management (CFSGAM)'s Australian core equities and global resources funds have been put under review by Morningstar ...

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NAB backs property fintech firm BrickX

National Australia Bank (NAB)’s corporate venture capital arm has invested in real estate investment platform BrickX. NAB Ventures announced in a ...

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Prepare for an inflation ‘surprise’: Vanguard

Cyclical forces are likely to drive global inflation higher throughout 2018 than is currently priced in markets, warns Vanguard. Speaking at an ...

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CBA denies new BBSW manipulation claims

The Commonwealth Bank of Australia (CBA) has denied fresh claims by the Australian Securities and Investments Commission (ASIC) that the bank ...

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Buffett wins 10-year bet with hedge funds

Berkshire Hathaway chairman Warren Buffett has easily won a 10-year bet in which he backed the S&P 500 index against more than 200 hedge funds

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Bitcoin has ‘no intrinsic value’, says IOOF

Cryptocurrencies such as Bitcoin do not have any of the characteristics normally attributed to valuable exchanges, says IOOF. IOOF group general ...

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Centrepoint Alliance targets advice growth

Wealth management firm Centrepoint Alliance has announced plans to increase the number of advisers and practices in the coming year. The business ...

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Unlisted property outperforms Australian equities

Australian unlisted property funds outperformed Australian equities by more than three times in 2017, according to a joint report. A joint report ...

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