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15 May 2019 • By James Mitchell • 1 min read

CBA boss struggling with scandals, defends retail channel

The significant challenges weighing on Australia’s biggest bank are likely to continue for the next 12 to 18 months, according to a leading market ...

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Blue Sky cancels Wilson bid for control

Blue Sky Alternative Investments has withdrawn from negotiations for Wilson Asset Management to take over management of its ASX-listed Alternatives ...

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Calastone triples network users with joining fund managers

Global funds transaction network Calastone has added two of Australia’s largest registry businesses and their fund manager clients, automating the ...

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Finance sector one of the most at risk of data breaches

The inaugural review of the Notifiable Data Breaches Scheme has revealed that the finance sector is one of the most at-risk sectors when it comes to ...

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Midwinter acquires data repository

Financial planning software provider Midwinter has acquired a data feed repository that fully services the Australian financial advice market

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SuperFriend grows board with 3 additions

SuperFriend, mental health advocacy group for the superannuation and insurance sector, has appointed three new members to its board. Sarah ...

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CFA recommends sweeping reforms to wealth sector

The global CFA Institute and its Australian subsidiary have released 10 major recommendations for reform in the wealth management industry and argue ...

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CBA remediation bill rises by $700m

In its trading update for the March quarter of 2019, CBA confirmed an additional $714 million in customer remediation provisions taken in the quarter

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Consumer financial literacy low as sector trust sinks

The majority of consumers have poor understanding of basic financial concepts but are overconfident in their ability to handle their money, as trust ...

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‘We made many mistakes’: AMP CEO

AMP is planning to reduce its superannuation products and investment options as part of its bid to regain customer trust post-royal commission, with ...

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