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The Latest News from investment service

AMP shares surge on 'transformational' advisor deal

AMP shares surge on 'transformational' advisor deal

The once-mighty financial services company AMP has announced a "transformational" joint venture for the loss-making advice division.

Vanguard faces fine for greenwashing 'ethical' fund

Vanguard faces fine for greenwashing 'ethical' fund

Vanguard faces fine for greenwashing 'ethical' fund

Vanguard faces fine for greenwashing 'ethical' fund

Investment firm could have to pay fines amounting to all, or most, of it's annual profits after misleading consumers by promoting an "ethical" investment fund.

Super fund misled consumers through 'greenwashing'

Super fund misled consumers through 'greenwashing'

Super fund misled consumers through 'greenwashing'

Super fund misled consumers through 'greenwashing'

An Australian super fund engaged in "greenwashing" by falsely telling consumers it did not invest in coal mining, oil tar sands, gambling or Russian companies.

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Aussie nest eggs being drained by dodgy cold-callers

Aussie nest eggs being drained by dodgy cold-callers

Workers are being warned to be wary of cold callers using dodgy tactics to bait them into switching super products at the detriment of their retirement savings.

Traditional owners take gas objections to super funds

Traditional owners take gas objections to super funds

Traditional owners from three First Nations have been fighting gas giant Santos for years and now they're asking super funds to act on their objections.

Colonial settles super fees class action for $100m

Colonial settles super fees class action for $100m

Thousands of super fund members will be eligible for a share in a $100 million settlement, the highest by law firm Slater and Gordon in a class action.

Blak Angels make investing in startups their business

Blak Angels make investing in startups their business

A joint initiative by the US State Department and the Minderoo Foundation aims to increase investment by First Nations entrepreneurs in Indigenous businesses.

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