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10 September 2019 • By Eliot Hastie • 1 min read

First neobank launches products to public

86 400 has become the first neobank to launch its products to the general public, offering consumers both a savings and transaction account

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Financial services executives collect industry awards

The Financial Services Council (FSC) has given eight financial services executives Industry Excellence Awards, with winners including individuals ...

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ASIC commences court action over telephone insurance sales

ASIC commenced civil penalty proceedings in the Federal Court yesterday against a number of life insurers for breaches of the law arising from ...

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New entrant to banking industry granted ADI

APRA has granted neobank Xinja its full banking licence with the digitally designed bank already offering accounts to early customers. The neobank ...

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State Street sounds alarm on remuneration

The global asset manager has singled out the poor pay plans of Australian companies that focus on short-term priorities and a “ratcheting up of pay to ...

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Pinnacle FUM up 43% in 12 months

Pinnacle has seen the total funds under management of its affiliate investment managers increase 43 per cent to $54 billion over the 12 months to 30 ...

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Suncorp announces new group CEO

Suncorp has announced the appointment of Steve Johnston as group chief executive officer effective immediately. Mr Johnston has worked at Suncorp ...

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‘Everything needs to be reassessed’: Bendigo Bank

Bendigo and Adelaide Bank chairman Robert Johanson has indicated that the bank will be “re-engineering” and further digitising its operation, saying ...

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Legg Mason funds added to FirstWrap platform

Two of Legg Mason’s fixed income funds have been added to Colonial First State’s FirstWrap platform to give advisers access to the leading funds

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Westpac facing class action for allegedly short-changing members

Westpac has received a class action against two of its subsidiary companies in the latest legal action against the big bank. The latest class ...

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