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04 September 2019 • By Sarah Simpkins • 1 min read

Aus super funds down with the dollar

Australia’s largest superannuation funds have slipped in their global value rankings according to a new report, dragged down with the fall of the ...

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Legg Mason bond fund hits $1bn FUM milestone

The Legg Mason Western Asset Australian Bond Fund has passed $1 billion in funds under management for the first time since it was launched

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RBA holds cash rate

The Reserve Bank of Australia has held the official cash rate at 1.0 per cent. The current cash rate is a historic low, after it was implemented in ...

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AFCA names breaching firms

The Australian Financial Complaints Authority has revealed 29 firms that have failed to pay a collective total of $1.7 million in complaint charges, ...

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Property prices won’t return to ‘boom times’: Oliver

AMP Capital chief economist Shane Oliver says the latest resurgence in property prices will be tempered by weak economic conditions and lending ...

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Wealth giant appoints whistleblowing officer

AMP Limited has invested in its risk management following a turbulent couple years with the appointment of a dedicated group whistleblowing officer

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Poor performing super funds racking highest fees

ANZ’s OnePath business has been named by a new report as the worst performing superannuation company in Australia for the seventh year in a row, with ...

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Frazis takes on BOQ as margin pressure intensifies

George Frazis will take over as Bank of Queensland’s chief executive this week as analysts turn even more bearish on the bank’s ability to cope with a ...

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UBS cuts fund fees to 29 bps

The investment bank has reduced the management and indirect costs across its entire UBS Tactical Beta Funds range. Effective immediately, investors ...

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ClearView profit down 22%

ClearView Wealth reported a 22 per cent dive in underlying net profit after tax for financial year 2019, but despite a challenging market environment, ...

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