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02 June 2023 • By • 1 min read

US regulator fines Vanguard for ‘misleading’ customers

The global funds manager has been hit with a fine for reportedly overstating projected yields in customer account statements. The Financial ...

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High-quality fixed income tipped for growth

High-quality fixed income is expected to deliver strong returns this year. Schroders is quite confident that fixed income is set to be a standout ...

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ASIC slaps halt orders on Spaceship Super and Spaceship Voyager Funds

The corporate regulator has halted offers of Spaceship Super and Spaceship Voyager Funds. In a statement on Friday, the corporate regulator said it ...

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Equities recover as US House greenlights debt ceiling deal

The passing of legislation to suspend the US debt ceiling has helped restore investor confidence following a sustained dip in global equities

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‘Increasingly entrenched’ property rebound a ‘headache’ for RBA

Residential property values have continued to defy contractionary monetary policy settings, with sustained increases heightening the risk of further ...

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Sequoia enters trading halt due to delay in Morrison Securities divestment

The firm entered into a binding agreement to divest 80 per cent of its equity interest in Morrison Securities to New Quantum back in March

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Insignia class action set to begin over alleged misconduct

The firm is alleged to have breached its continuous disclosure obligations and misled its shareholders. A trial investigating alleged misconduct by ...

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CareSuper and Spirit Super agree to merge

The two super funds have entered into a binding agreement to merge following an extensive due diligence process. CareSuper and Spirit Super ...

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ANZ announces 2 new appointments

The bank has appointed a new chief information security officer and has added a new non-executive director to its boards. ANZ has announced the ...

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‘Lessons and linkages’: APRA chair on bank deposits, AT1 bonds

Prudential regulators need to reassess the treatment of hybrid bonds in the event of a banking collapse, the APRA chair has told the Senate, flagging ...

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