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regulation

05 July 2018 • By • 1 min read

ASIC proposes new capital requirements

ASIC has released for consultation new capital requirements that would require futures dealers and securities dealers to hold a minimum of ...

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Franklin Templeton appoints executives

Franklin Templeton Investments Australia has added a new head of investment and consultant relations, and head of institutional and alternatives to ...

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Macquarie turns off grandfathered commissions

Macquarie has announced it will switch off grandfathered commissions for financial advisers operating within Macquarie Private Wealth and Macquarie ...

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Magellan caps CEO pay at $7.5m

Magellan has capped the annual pay of its chief executive Hamish Douglass at $7.5 million. In a statement to the ASX, Magellan Financial Group ...

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Forget about FAANGs for income: Plato

Income investors should avoid highly concentrated areas such as FAANGs and seek to diversify instead, according to Plato Investment Management

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‘No progress’ closing super gender gap

The superannuation gender gap has narrowed by only 2.1 per cent in the last decade, which has been “no real progress”, according to Roy ...

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MSI Ragg Weir and Morrows to merge

Accounting and wealth management business MSI Ragg Weir has announced it will merge with Melbourne-based advice firm Morrows. In a statement, ...

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Aviva appoints head of sales, Asia

Global asset manager Aviva Investors has appointed a head of institutional sales covering Asia. Tom Clapham has been appointed as head of ...

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RBA maintains 1.5% cash rate in July

The Reserve Bank of Australia has kept the official cash rate ‘on hold’ at 1.5 per cent in its July monetary policy meeting. The RBA announced on ...

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Chinese ‘Minsky moment’ looming: Spectrum

The warning signs are ‘flashing amber’ on a credit crisis in China as the authorities stamp down on excessive lending, says Spectrum Asset Management

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