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22 December 2014 • By Scott Hodder • 1 min read

OpenMarkets hires head of retail sales

Online stockbroking firm OpenMarkets has appointed a former ETrade senior relationship manager as the head of its retail sales division

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CBA independent expert delivers report

The independent expert monitoring CBA's review of the advice delivered by its financial planners has handed down its initial report. Promontory ...

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Life insurers rebuked on data

APRA has taken the life insurance sector to task over its failure to collect "detailed, accurate and timely insurance-related data". In the second ...

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Govt backs down on Challenger product

The Department of Social Services (DSS) has agreed to continue providing Challenger’s Care Annuity customers with favourable means test assessments ...

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NAB offloads £1.2bn in UK loans

NAB has sold another £1.2 billion of high-risk UK real estate loans as it continues to exit its British banking business. Speaking at the bank’s ...

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JP Morgan AM acquires real estate platform

JP Morgan Asset management has purchased Aviva Investor's Asia Pacific real estate platform. The acquisition of Aviva’s direct real estate ...

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Nikko AM backs Japanese equities

Nikko Asset Management is maintaining a heavily overweight position on Japanese equities, saying it believes the structural bear market in equities is ...

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Greencape Capital FUM hits $5 billion

Boutique Australian equities fund manager Greencape Capital has grown its funds under management (FUM) to more than $5 billion. Greencape founder ...

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Insurance sector responds to ASIC report

The Life Insurance and Advice Working Group (LIAWG) has released its initial response to a damning review of the industry’s sales practices by ASIC

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Super funds must 'think beyond TV ads'

Television advertising by super funds is failing to resonate with their members, according to new research by CoreData. A CoreData study which ...

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