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18 July 2018 • By • 1 min read

Westpac shuts down SMSF lending

Westpac has announced it will no longer offer property loans to SMSFs, following a similar decision by its subsidiary St.George. In an online ...

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Principal Global Investors wins two mandates

Principal Global Investors Australia has been awarded mandates from BT New Zealand (BTNZ) and the Australian Construction Industry Redundancy Trust ...

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Geoff Lloyd appointed CEO of MLC

Former Perpetual managing director Geoff Lloyd has been announced as the new chief executive of MLC, following NAB’s decision to exit its wealth ...

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Bank CEOs slip down the ranks in pay survey

Not a single bank boss made it into the top 10 list of the Australian Council of Superannuation Investors' CEO pay survey for 2017-18. For the ...

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US/China trade conflict ‘treading water’

The US has announced the latest list of goods targeted for tariffs — and the absence of retaliation from China is cause for some hope, says S&P ...

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IFM Investors records net flows of $12.9bn

Industry fund-owned IFM Investors now manages $107 billion on behalf of its investors, up 15 per cent on the prior year. IFM Investors, which is ...

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New Fitzpatricks CFO to target acquisitions

Private equity-backed Fitzpatricks Group has appointed a new chief financial officer and chief operating officer who will be focused on acquisitions

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Hesta appoints new general manager

Industry fund Hesta has named former Rosenberg Equities executive Michael Kollo to the newly created role of general manager, quantitative solutions ...

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Netwealth nudges $18bn in FUA

Platform provider Netwealth has increased its funds under administration by $1.95 billion for the June quarter, taking it to $17.96 billion. In a ...

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CIPRs should be a retention tool: Optimum

Super funds can easily convert their account-based pensions into longevity products which will help them retain both FUM and members, says Optimum ...

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