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08 August 2018 • By Jessica Yun • 1 min read

Loss of trust in super could be a positive

The royal commission may well weaken public trust in superannuation, but it could also have the unintended consequence of increasing member ...

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Linchpin director resigns as AIOFP chair

Peter Daly, a director of embattled financial services firm Linchpin, has resigned as the chair and director of the Association of Independently Owned ...

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RBA keeps rates at 1.5% in August

The Reserve Bank of Australia has maintained the official cash rate at 1.5 per cent at its monetary policy meeting today. The RBA has announced the ...

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ASIC request to embed staff at major banks approved

The federal government has confirmed it will provide ASIC with additional resources to further monitor the big four banks and AMP. Treasurer Scott ...

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MLC kept super members in the dark on fees

MLC and its trustee, NULIS, failed to tell superannuation members they could dial back their “plan service fees” to zero, the royal commission has ...

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Invest in China from the ground up: Cerulli

With China making moves to allow for more and more foreign ownership of financial services firms, global fund managers may want to acquire smaller ...

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UCA Funds Management becomes a ‘B Corp’

Ethical fund manager UCA Funds Management has been recognised by an independent global body as an ethical and sustainable business. In a statement, ...

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Follow the royal commission live with InvestorDaily

Read minute-by-minute updates on the royal commission hearings into superannuation on our live blog brought to you by the InvestorDaily team

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Seer Asset Management seeks $4m capital raising

Boutique fund manager Seer Asset Management is seeking to raise $4 million in capital in order to grow its multithematic and ethical funds

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ASX rejects ‘social engineering’ accusations

The ASX Corporate Governance Council has sought to downplay fears that its latest consultation draft is the work of “left-wing activists” or “social ...

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