Robeco appoints retail regional manager in Australia

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Robeco, the Netherlands-based asset manager, yesterday announced the appointment of Matthew Young as Regional Manager Retail Business Development in Sydney, Australia. Matthew Young will lead the continued development of Robeco’s relationships... Read more continue reading

New General Insurance Code of Practice: Strong take up of Code update shows industry support of self-regulation

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The Australian and New Zealand Institute of Insurance and Finance (the Institute) has received unprecedented interest in a tailored update for insurance professionals following the launch of the new General... Read more continue reading

ANZ completes sale of Trustees to Equity Trustees

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ANZ yesterday announced it has completed the sale of ANZ Trustees Limited to Equity Trustees Limited. As part of the agreement, ANZ formed a new strategic relationship with Equity Trustees... Read more continue reading

AFA Rejects ISA Commission Claims

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The Association of Financial Advisers (AFA) has expressed dismay at the latest claims made by Industry Super Australia (ISA) in its Commissions by Another Name report (the ISA Report) on... Read more continue reading

Weekly market & economic update – week ending 4 July, 2014

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Headline developments of the past week America’s payroll employment report for June provided a positive surprise. There was robust job gains of +288,000 and the US unemployment rate fell to... Read more continue reading

The changing face of payments: APCA redefines itself for the next generation of payment systems

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The Australian Payments Clearing Association, the payments industry self-regulatory body, announced the commencement from 1 July of a new, more inclusive membership community and improved governance. These changes reflect APCA’s... Read more continue reading

FPA welcomes CBA compensation commitment but calls for more

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The Financial Planning Association of Australia (FPA) welcomes yesterday’s unreserved apology and announcement by Commonwealth Bank of Australia (CBA) chief executive, Ian Narev, to appropriately compensate clients of the bank... Read more continue reading

TAL tackles gender inequality – pay gap closed

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Australia’s largest life insurer TAL has closed the pay gap between male and female employees to provide almost 100% equal pay for both genders throughout the organisation. Closing the pay... Read more continue reading

New regulation of financial advisers providing tax advice

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From 1 July 2014, the Tax Practitioners Board (TPB) regulates financial advisers who provide tax (financial) advice services under the Tax Agent Services Act 2009 (Cth) (TASA). Until now, financial... Read more continue reading

Senate report doesn’t go far enough to protect consumers

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Australian investors have inferior protection from poor investment advice compared to their peers around the world. That situation won’t change any time soon, despite the findings of a Senate report... Read more continue reading