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22 September 2014 • By Reporter • 1 min read

BOQ compensates Storm Financial victims

The Bank of Queensland (BOQ) has reached an agreement to pay $17 million to settle proceedings brought against it by ASIC and a class action on behalf ...

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Banks can't sell wealth divisions: Perpetual

The major banks are stuck with their wealth management arms whether they like them or not, argues Perpetual Investments group executive Michael Gordon

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Super funds taking up 'predictive' analytics

Detailed data analysis can allow superannuation funds to predict individual members' propensity to defect to other funds, cross-selling opportunities ...

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Active and passive investing ‘blurred’

The strategies that define active and passive investment managers are becoming increasingly similar, argues Tokyo-based Nikko Asset Management

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Super fees ‘reasonable’: Chant West

Chant West has rejected claims by the Grattan Institute that Australian superannuation fund members should be paying substantially lower fees

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Aussie markets to remain subdued: Morningstar

With the current growth rate fully incorporated into valuations and consumer confidence unusually low, there appears to be no catalyst for stronger ...

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Impact of Fed tightening won't last: AMP Capital

While a decision by the US Federal Reserve to raise US interest rates will likely lead to increased volatility in equity markets, any impact will not ...

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Major banks ‘embracing’ wealth divisions

The big four banks are beginning to “fully embrace” their respective wealth businesses after initially “holding them up on a pedestal”, says NAB ...

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ASX set to take major stake in Yieldbroker

The ASX has made a binding proposal to the shareholders of interest rate exchange provider Yieldbroker to acquire a 49 per cent stake in the company ...

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ASIC updates AFS licensee obligations

Following a consultation process with industry, ASIC has updated the record keeping obligations required by Australian financial services licensees

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