Morningstar has maintained its fair value estimate of $26 per share for Perpetual stock, even after KKR confirmed it will buy its wealth management and corporate trust businesses yesterday.

A review by ASIC has found evidence of poor oversight of advice fee deductions by superannuation trustees, with some allowing charges of up to $20,000 before raising concerns and some not conducting ...

The Memorandum of Understanding sets out how the parties will work together to support a fair and efficient financial services sector.

Super Members Council has slammed the Coalition's super for housing plan yet again, saying it could cost taxpayers.

Perpetual has agreed to divest its wealth management and corporate trust businesses to Kohlberg Kravis Roberts (KKR) for $2.18 billion, pending shareholder approval. The deal will see the departure of ...

The super fund plans to begin restoring services later this week, though chief executive Peter Chun has told members the root cause of the outage remains unknown.

GuildSuper and GuildPension members will see some changes to the fees they pay from this month. In November last year, Future Group acquired GuildSuper, including Child Care Super, adding about $2.77 ...

REI Super is rejigging its Conservative investment option and will change the name to "Growth Plus". The change will take effective from June 30, the super fund said, noting that from a risk and ...

Platinum Investment Management's funds under management took a $1.65 billion hit to end up at $13.5 billion at the end of April.

AMP said the new fund will provide bespoke access to global private debt investments but will only be available to some.

The litigation funder of the AMP Buyer of Last Result (BOLR) class action is negotiating its cut of the settlement money and could take home as much as $43 million.

The Reserve Bank of Australia left interest rates unchanged again this month - but another hike could be on the cards.