05/14/2020

ME Bank pays industry funds no dividends

During the previous hearing of the committee, Wilson had also asked Industry Super Australia chief executive Bernie Dean whether ISA employs Beck.

05/14/2020

Canadian pension funds halt India investments over virus

A pause in investments by these major pension funds reflects a mood of risk aversion among institutional investors, which are now focusing more on protecting their existing investments instead of making more capital commitments.

05/13/2020

SocGen Halts Funding to APAC Oil Trading Firms

The oil trader reportedly owes around $4 billion to 23 banks including HSBC, the largest lender at $600 million, as well as DBS, OCBC, Bank of China, Societe Generale and Standard Chartered.

05/12/2020

ASIC bans RC case study adviser

The regulator also banned Melbourne-based adviser Bimaljeet Sekhon from providing financial services for three years.

05/12/2020

APRA releases fund-level ERS data

Applications made via the ATO on Friday, May 8 have already been passed on to super funds, Assistant Treasurer Michael Sukkar confirmed.