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26 June 2017 • By • 1 min read

Link Group announces $1.5bn UK acquisition

Administration outsourcer Link Group has entered into a binding agreement to acquire the asset servicing unit of UK firm Capita for $1

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Trilogy launches new retiree fund

Trilogy Funds Management has announced a new fund aimed at retirees who want above cash returns as well as seven-day access to capital. The Trilogy ...

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SA bank levy could open the floodgates: UBS

South Australia’s state-based version of the federal bank levy is unlikely to be the last tax increase for Australia’s major banks, says UBS

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REST retains State Street for custody

State Street has won a new three-year contract to provide custody services to industry super fund REST. REST's decision to renew State Street's ...

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Macquarie Wrap SMA adds Legg Mason funds

Two of Legg Mason’s funds are now available across the separately managed account investment option on Macquarie Wrap. The Legg Mason Martin Currie ...

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ASIC announces Japan fintech deal

The Australian corporate regulator has entered into a fintech co-operation agreement with its Japanese counterpart, the Japan Financial Services ...

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CommInsure flags retail distribution changes

Commonwealth Bank stakeholders have been notified of imminent changes to the retail distribution operations at CommInsure, with business development ...

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ASIC fines Macquarie Securities $505,000

Macquarie Securities has paid a penalty of $505,000 after ASIC found it “recklessly” took 39 days to suspend the account of a suspected rogue trader

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Super fees tipped to fall below 50bps

Average superannuation member fees have dropped 23 basis points over the past decade to 1.03 per cent, and with the benefits of scale they should ...

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Active management vital for fixed income: Zenith

Active management will offer greater scope to add value to a fixed income portfolio as interest rates begin to rise, says research house Zenith

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