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24 May 2018 • By Jessica Yun • 1 min read

APRA begins review of super framework

APRA has released three papers for consultation as the first part of its post-implementation review into the prudential framework on superannuation

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Boards in the dark about third-party risks: EY

Critical risks about third party service providers are not being reported to the boards of financial services companies, according to EY

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Sunsuper awards $350m currency mandate

Record Currency Management has won a $350 million mandate from Queensland-based industry fund Sunsuper. Currency hedging service provider Record ...

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CBA sells stake in Chinese insurer

The Commonwealth Bank has agreed to sell its 37.5 per cent stake in Chinese insurer BoComm Life Insurance to a Japanese firm. CBA will sell its ...

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Gryphon Capital raises $175m for LIC

Boutique fund manager Gryphon Capital Investments has raised $175 million to list its fixed income fund on the ASX. In a statement, Gryphon Capital ...

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T Rowe Price appoints investment analyst

T Rowe Price has expanded its Australian equities team with the hiring of a new analyst and the internal appointment of a head of research

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BlackRock takes aim at active ETFs

There is little to recommend the practice of housing actively managed funds within an ETF structure, argues BlackRock. Speaking in Sydney on ...

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RC focus on public ‘expectations’ questioned

KPMG partner and former AWU national secretary Paul Howes has questioned the royal commission's fixation on ‘community expectations’

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Time to revisit AMP, says Morgan Stanley

The 30 per cent slump in AMP shares since the resignation of chief executive Craig Meller on 26 March “seems overdone”, according to Morgan Stanley ...

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CIPRs are ‘actuarial fraud’, says Sunsuper

The government's retirement income framework will impose high costs on super funds to develop products their members don't want, says Sunsuper's ...

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