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20 August 2018 • By • 1 min read

Robo-advice falling on deaf ears for HNWs

More affluent investors are not interested in standalone automated advice services, according to a new survey by GlobalData. The research comes in ...

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T. Rowe Price names APAC head of distribution

Nick Trueman has been appointed head of global investment management services at T. Rowe Price for Asia-Pacific, succeeding Scott Keller. T. Rowe ...

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AMP super governance under scrutiny

AMP has denied that its superannuation funds are permitted to underperform for five years before the investment committee is obliged to inform the ...

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ASX profit up 2.5% to $445 million

The Australian Stock Exchange has grown its earnings per share for the sixth year in a row, resulting in a $445 million profit for the 2017–18 ...

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Second APRA deputy chair legislated

The government has passed legislation that will create the previously-announced position of co-deputy chair. APRA will have a second deputy chair ...

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Financial services’ Ethics Index score takes a dive

The financial services industry has fallen even lower in the eyes of Australians with the release of the Governance Institute’s latest Ethics Index

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Westpac replaces chief information officer

Citigroup chief technology officer Craig Bright will take the place of Westpac current chief information officer Dave Curran, who will resign at the ...

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CBA put aligned advisers before super members

CBA defied a request from APRA to accelerate the transfer of 60,000 members to MySuper in order to placate the bank’s aligned advisers, the royal ...

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Government consults on open banking draft legislation

The government has released exposure draft legislation for the Consumer Data Right, which will give users the ability to grant third party providers ...

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Direct investor numbers hit record highs

More retail online investors are entering the market than ever before, and the number of people trading ETFs has risen by more than 10 per cent in the ...

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