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02 February 2015 • By Tim Stewart • 1 min read

Over $12.5m in claims unpaid, says FOS

Thirty per cent of determinations made against wealth management firms since 2010 remain unpaid, the Financial Ombudsman Service has revealed

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Staff retention hampering M&A: Towers Watson

Merged companies are struggling to retain staff when employee retention agreements expire, a new Towers Watson report has found. In a recent study, ...

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Industry funds winning the branding race

Industry super funds have outperformed retail super funds in terms of brand perception, according to a CoreData survey. CoreData’s Super Fund Brand ...

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Aussie equity bias ‘concerning’: Goldman Sachs

Australian investors’ appetite for domestic equities is at odds with their lack of confidence about the local economy, new research has found

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Bell AM names new distribution head

Australia-based global equities firm Bell Asset Management (BAM) has named a new head of distribution. Nina Redfern, a former director of client ...

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Fintech/wealth M&A set to soar

Financial institutions will be forced to invest more heavily in technology to compete as smaller wealth managers tie up with tech providers, a mergers ...

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Large caps dominate 2014 IPOs

Less than one per cent of initial public offerings in 2014 were launched by small-cap companies, according to a new report on emerging companies

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Re-evaluate view on Asia, says Nikko AM

Investors should change the way they approach investing in Asia, with the region no longer a “straight growth story”, argues Nikko Asset Management

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NAB AM boutique appoints new manager

Fairview Equity Partners, part of the NAB Asset Management stable, has recruited a new senior investment manager from Merrill Lynch. Leo Barry, a ...

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Westpac to sell Pacific Island operations for $125m

Westpac has announced that it will sell its banking operations in Samoa, Cook Islands, Solomon Islands, Vanuatu and Tonga, but will retain its ...

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