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24 February 2015 • By Tim Stewart • 1 min read

Ten licensees take 'corrective action'

Ten financial planning licensees including some owned by Westpac, CBA and NAB have taken ‘corrective action’ on their structured product advice off ...

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NAB makes changes to misconduct policy

NAB CEO Andrew Thorburn has announced a number of new measures to enhance oversight of the bank’s financial planning channels, following its ...

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Big banks lagging on super ‘share of wallet’

The major banks have secured less than one-fifth of their customer's superannuation business, according to a new survey conducted by Roy Morgan

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IFS opens infrastructure fund to retail investors

Australian retail investors now have access to IFM Investors’ Australian Infrastructure fund via a new model managed by Industry Fund Services (IFS)

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Lower rates won't promote growth: HSBC

The historically low RBA cash rate of 2.25 per cent is not enough to promote economic growth, particularly in the context of a depreciated commodity ...

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Macquarie looks to sidestep APRA attention

Macquarie Bank is not concerned about attention from the prudential regulator despite growing its property investor lending book by 75 per cent in the ...

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FIIG Securities appoints new head of institutional markets

Fixed income provider FIIG Securities has appointed a former RBC Capital Markets employee as head of institutional markets. John Cummins will take ...

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Challenger exec to head Whitehelm

Former Challenger senior investment director Saji Anantakrishnan has been recruited to lead the Australian and Asian operations of global ...

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Govt must act on economy: Standard Life Investments

The RBA was right to cut rates this month, says Standard Life Investment's (SLI) chief economist – but it will take more than monetary policy ...

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UBS launches six 'ethical' ETFs

UBS Global Asset Management has launched six new ETFs that track MSCI indices which screen out tobacco and 'controversial weapons'. The new ETFs ...

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