APRA is concerned about a growing lack of urgency among superannuation trustees to develop and implement retirement income strategies.
AFCA has released its systemic risk report, citing ongoing problems in the superannuation sector but said there were no systemic risks in the investments and advice space.
Iress flagged it now has more suitors vying to potentially acquire it in addition to Thoma Bravo and Blackstone.
As China continues to flourish in renewable energy innovation, it may well take pole position amid the transition, says Al Gore.
Australian super funds are expected to more than double their investments in the UK and Europe over the next decade, reaching around $660 billion.
Bravura Solutions appointed a new chair and deputy chair at the end of its annual general meeting this week. Russell Baskerville has taken over as chair while Damien Leonard was named deputy chair.
The Federal Court has dismissed ASIC's claims that a former Freedom Insurance director and staff member were engaged in shocking and harmful sales tactics.
Helen Rowell has been appointed the new chair of Australian Retirement Trust (ART) to replace outgoing chair Andrew Fraser.
Stopping short of calling it vertically integrated, ASIC warns it aims to uncover any conflicts of interests in the managed accounts sector particularly as more AFSLs build in-house products.
The ASX will establish a new advisory board, with a recommendation that a "significant super fund chair or chief executive" be appointed.
Two former Statewide Super executives who were terminated by the fund and then charged with dishonesty offences have been acquitted.
Lonsec Research and Ratings has appointed a head of sales, hiring from Challenger Ltd. Anna Schofield brings over 25 years of ...