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12 August 2016 • By Killian Plastow • 1 min read

European stimulus packages could backfire

Initiatives led by the central banks of Europe and the UK to stimulate growth and “ease the market’s fear factor” may be a double-edged sword, ...

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'Reliable' equities not a replacement for bonds

Income-seeking investors should be wary of buying Australian equities despite their strong dividend payouts over recent years, says State Street ...

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New Australian head for Legg Mason

Asset management firm Legg Mason has announced the appointment of Andy Sowerby as its new head of Australia, effective from 8 August 2016

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NAB Asset Servicing names new GM

Ken Shaw has been appointed to the role of general manager, sales and relationships, at NAB Asset Servicing. Mr Shaw joins the business after two ...

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Infocus group names new board chair

Infocus Wealth Management has appointed Roy McKelvie as a non-executive director of the company’s board, to take up the role of chair in January 2017

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Pension changes to hit retirement adequacy

The new asset test for the age pension, coming into effect on 1 January 2017, will have a "significant impact" on the retirement adequacy of ...

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Commonwealth Bank posts $9.45 billion profit

The Commonwealth Bank has announced a cash net profit after tax (NPAT) of $9.45 billion, up 3 per cent on the previous year, in the bank's full-year ...

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Platform share of non-super market to double

Of the $2.2 trillion in assets Australians hold outside superannuation, only 3.2 per cent is currently held through investment products and platforms ...

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Morningstar hires new research director

Research house Morningstar has appointed Chris Douglas to the role of director of manager research ratings Asia-Pacific. Mr Douglas will lead the ...

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Brexit had ‘less impact’ than expected: NAB

The UK's decision to leave the European Union may have come as a shock to markets, but the effects of the decision do not appear to have been as ...

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