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17 October 2017 • By James Mitchell • 1 min read

CBA pledges to backdate remuneration changes

The Commonwealth Bank will amend its remuneration policies in an effort to meet the recommendations of the Sedgwick review by 2020. CBA has ...

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Shayne Elliott to chair ABA

The Australian Bankers’ Association has named ANZ chief executive Shayne Elliott as the lobby group’s next chair. Mr Elliott will commence in the ...

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MCP Master Income Trust appoints Perpetual RE

Perpetual Corporate Trust has been named the responsible entity of Metrics Credit Partners’ Master Income Trust. The MCP Master Income Trust, which ...

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RBA to begin ‘top-down’ stress testing

The Reserve Bank of Australia has announced it will conduct a series of “top-down” stress tests on Australia’s banking system. In its latest ...

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Sentinel Private Wealth enters EU

ASIC has accepted an enforceable undertaking from Brisbane-based Sentinel Private Wealth after the regulator found Sentinel provided poor advice

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Government should manage default super: Costello

Suggestions by former treasurer Peter Costello that the government should manage default superannuation have been decried by the industry as ...

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AFCA a ‘game changer’, says O’Dwyer

Minister for Revenue and Financial Services Kelly O’Dwyer has strongly defended the government’s proposed Australian Financial Complaints Authority, ...

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Managed accounts a ‘one-in-20-year’ transition

Advice firms are undergoing a once-in-a-generation shift away from the non-discretionary investment management embodied by traditional wrap platforms, ...

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Fewer underperforming funds in 2017: Stockspot

The number of consistently underperforming superannuation and managed funds in Australia has fallen to 521, down from 638 in 2016, according to a new ...

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Equity Trustees makes UK acquisition

Equity Trustees has acquired 60 per cent of London-based Treasury Capital, a provider of fund governance services. Equity Trustees has established ...

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