The financial services group has announced plans to sell its wealth management business just two years after dumping its financial ...
The transaction is due to be completed by 31 January.
The prudential regulator has proposed new reforms aimed at protecting superannuation fund members from “poor operational risk event outcomes”.
The company has confirmed its commitment.
The firm said the challenging market environment had impacted its half-year results.
The firm’s licence has been suspended for six months.
Investors have voted to change the trustee and manager of the fund.
The regulator has encouraged active engagement with superannuation.
The findings of a new study on the wealth management market have been revealed.
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