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19 June 2017 • By • 1 min read

Equipsuper to merge with Rio Tinto Staff Super

Industry fund Equipsuper has confirmed its merger with the Rio Tinto Staff Superannuation Fund in a move that will double its funds under management ...

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ASIC and AFP investigating bank levy leak

The corporate regulator is working with the Australian Federal Police on an investigation into “suspicious trading” of major bank shares ahead of the ...

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RBA backs new FX code of conduct

A new code of conduct for foreign exchange traders developed together with central bankers will help an industry “suffering from a lack of trust”, ...

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Netwealth investor to reduce shareholding

Netwealth has confirmed that one of its substantial shareholders will decrease his equity stake, leaving the door open to a possible initial public ...

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Final CBA compensation report released

The Commonwealth Bank has released the seventh and final independent report into its compensation scheme for victims of poor financial advice

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Calastone completes blockchain ‘proof-of-concept’

Global transaction network Calastone has announced the completion of the first stage of testing of its blockchain distributed market infrastructure ...

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US Fed’s errors ‘unforgivable’: Standard Life Investments

Central bankers have consistently overestimated underlying inflation since the GFC, which could mean low growth is locked in “for good”, says Standard ...

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ASIC industry funding model passes Senate

The new industry funding model for ASIC has been passed into law and will commence on 1 July 2017. The ASIC Supervisory Cost Recovery Levy Bill ...

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Macquarie closes direct robo-advice service

OwnersAdvisory, Macquarie’s direct robo-advice service, is being closed down following the death of founder and chief investment officer ...

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LIC growth ‘unsustainable’, says Zenith

The cyclical nature of the listed investment company (LIC) sector means the current rate of growth is unlikely to be sustained in the medium to ...

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