Banks will start to look less alike: Elliott
ANZ CEO Shayne Elliott told the Sibos conference in Sydney that “just turning up and being a bank will no longer be a successful model”.
Australia’s retirement system slips in global rankings
Australia’s retirement income system has dropped from third to fourth place in the world rankings, attributed to a drop in “adequacy”.
US-China trade war benign, for now: QIC
The two powers’ tariff battle has had only a minor impact to date but could have a big negative effect on worldwide growth if it escalates.
ASIC’s Shipton puts super trustees on notice
As the banks and AMP brace for the arrival of embedded inspectors, the regulator’s chairman says super funds can expect similar scrutiny.
Equip super wants to be your trustee
Equip has created a new model that lets smaller funds keep their distinctive front-office presence, while outsourcing trusteeship.
The devil is in the lack of detail
Companies are waking up to environmental threats but most still aren’t providing the in-depth data on the subject that investors need.
Rice Warner says super overhaul will confuse members
Members making claims without realising they are no longer insured is one negative effect Rice Warner says would rise from planned reforms.
Retail, industry funds unite on trustee structures: ASFA
Industry and retail funds have largely agreed on on handing additional powers to APRA says peak body.
ANZ chief pulled up on ‘shareholder interests’ rhetoric
ANZ CEO Shayne Elliott was called out for using shareholder duty as a reason for past indiscretions last week.
Cbus benchmarks managers’ climate change care factor
The construction industry fund is putting emphasis on how mandates address physical climate risk and the transition to a low-carbon economy.
Banks only scratch surface on conflicted remuneration
It took a pair of velvet gloves to force the country’s largest banks to move to change their outdated and conflicted remuneration practices.
Fund manager operational risks under the spotlight
Savvy asset owners are bolstering their operational due diligence on fund managers.
