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14 November 2018 • By Charbel Kadib • 1 min read

Banks withheld information to avoid legal claims: ALP

The federal opposition has accused Australian banks of withholding information from clients to prevent legal claims of misconduct. In a roundtable ...

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Australian Unity makes senior appointments

Australian Unity has made two senior appointments as part of an expansion of its investments business. The insurer this week announced the ...

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Surge in ETF indices could expose investors to active risks

ETF investors who follow passive indices could be making active investment choices without realising the performance impact, according to an analysis ...

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ASIC concedes it doesn’t know how to deter misconduct

The corporate regulator has told the Hayne royal commission that it is at a loss over how to successfully prevent misconduct in financial services

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Australian funds among world’s largest asset owners

Nine Australian funds are among the world’s 100 biggest asset owners, according to a new report from Willis Towers Watson’s Thinking Ahead Institute

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Poorer retirees to be hardest hit by ALP franking credit changes

A 20-year projection of different income levels confirms that lower earning retirees will be hit hardest by the ALPs proposed removal of franking ...

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InvestSMART introduces capped fees

InvestSMART is launching a new pricing model, capping fees for investors at $451 per annum on its new Professionally Managed Account platform

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APRA reviewing approach to enforcement action

APRA has announced the terms of reference for the upcoming review that will examine the regulator’s enforcement strategy. APRA established the ...

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Treasurer opens global tech hub

The NSW Treasurer officially opened a new tech hub in Sydney to help foster and grow innovation throughout the world. The hub, owned by Mastercard, ...

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‘Conflicted’ wealth models can be managed, say major banks

All four major banks have staunchly defended their vertically integrated models, arguing that a conflicted ‘one-stop shop’ approach to advice benefits ...

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