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26 August 2019 • By Sarah Simpkins • 1 min read

Climate investment becoming industry norm: study

Climate-aligned investment is accelerating among Australian and New Zealand institutional investors despite regulatory uncertainty, with a new survey ...

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Introducer program lands NAB in court

ASIC has commenced proceedings in the Federal Court against NAB for breaches of the law arising from failures with its introducer program

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MyState profit stays flat, builds remaining wealth business

MyState’s profit flatlined in financial year 2019, as the group reported it is looking to further grow its wealth management business, planning to ...

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CBA revises terms of CommInsure divestment

The Commonwealth Bank of Australia has revised its transaction path toward divesting its life insurance business CommInsure to AIA. The aggregate ...

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Over $8 trillion in wealth to change hands

New data from GlobalData has found that US$8.6 trillion of high-net wealth will change hands over the next decade, opening the doors for significant ...

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IRESS reveals 10% profit growth in 1H19

IRESS has announced a group segment profit of $74.1 million for the first half of 2019, a rise of 10 per cent from the previous corresponding period ...

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ASIC sues NAB as 297 loans come into question

The corporate regulator has commenced proceedings in the Federal Court against NAB for breaches of the law related to the bank’s loan “introducer” ...

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APRA updates financial sector shareholdings rules

The prudential regulator has released the 2019 version of its Financial Sector (Shareholdings) Rules for new companies entering the sector

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Kogan, Mercer launch super fund

Online retailer Kogan has teamed up with Mercer to enter the superannuation market. Kogan Super is marketing itself as a low-fee simplified fund, ...

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Investors Exchange PDS given stop order

The corporate regulator has put a stop order on the issuing of a product disclosure statement from Investors Exchange Limited following concerns it ...

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