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08 September 2016 • By Killian Plastow • 1 min read

ASIC fines Morgan Stanley $123,750

Morgan Stanley has paid a $123,750 penalty fee to ASIC after being issued an infringement notice by the Markets Disciplinary Panel. The notice was ...

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Australian GDP growth hits four-year high

The Australian economy remains surprisingly resilient, growing at 3.3 per cent over the year to 30 June, according to yesterday's National ...

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Shipping finance offering ‘equity-like returns’

The current dislocation within shipping combined with the withdrawal of European banks from maritime finance has created an opportunity for ...

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Powerwrap launches real-time SMA

Platform provider Powerwrap has announced the launch of a new separately managed account model which operates in real-time. The new model will ...

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BNP Paribas Securities Services signs UN PRI

BNP Paribas Securities Services has signed the United Nations’ Principles for Responsible Investment. The UN Principles for Responsible ...

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Vanguard hires new legal head

Former NAB executive Ashley Warmbrand has been named as Vanguard Australia’s new head of legal and compliance, commencing in October. Mr Warmbrand ...

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ING Direct to refund $5.38m in super fees

Living Super, ING Direct's super product, will compensate 24,500 of its members $5.38 million in fees after ASIC raised concerns about misleading ...

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New call for super fee transparency

Super funds should disclose the returns for each asset class in order to give investors a clearer picture of investment performance, argues a new CIFR ...

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NAB Asset Servicing completes Citi transition

NAB's custody division has today gone live with Citigroup as its global custodian, replacing Bank of New York Mellon. In a statement, NAB Asset ...

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Melbourne Cup Day rate cut on the cards

The RBA is likely to cut the official cash rate to 1.25 per cent on 1 November if domestic inflation figures are lower than expected, says AMP ...

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