Australia

Technology | 22 Mar 16

The Australian Securities and Investments Commission (Asic) has released a draft of its proposed guidance on providing digital financial product advice services, or robo-advice, to retail clients.

Asia | 9 Mar 16

Consumers will go on being hurt financially until commissions on life insurance are banned in Australia, and a rigorous code of conduct is in place, says Industry Super Australia (ISA), an umbrella organisation for the retirement savings industry.

Asia | 4 Mar 16

Zurich Australia, part of Zurich Insurance Group, said it has reached a deal with the Macquarie Group to buy its Australian life insurance business for an undisclosed sum.

Retirement | 3 Mar 16

The number of Australian Qrops recognised by HM Revenue & Customs has leapt to more than 100 schemes in its latest updated list.

Products | 18 Feb 16

Macquarie Bank has launched a robo-advice service in Australia for savers who do not currently receive advice and want to manage their own investments online.