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10 February 2022 • By Maja Garaca Djurdjevic • 1 min read

APRA defends super funds paying fines with members’ cash

APRA has thrown its support behind super funds, labelling pools of emergency-use funds as a means to safeguard members’ financial interests

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Sustainable investing reaches record levels

More than $44 billion is now invested in sustainable funds across Australasia. Sustainable funds in Australia and New Zealand received record flows ...

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Asset managers admit target customers are men

Women could add billions to Australian investments and trillions to investments globally. New research from BNY Mellon Investment Management has ...

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Legislation paves way for new export opportunities for fund managers

The corporate collective investment vehicle and the retirement income covenant have sailed through Parliament.  Following bipartisan support, ...

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ASX CEO Dominic Stevens to retire this year

Mr Stevens will depart the ASX after six years as chief executive.  ASX MD and CEO Dominic Stevens has announced his intention to retire from the ...

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Property spending nears $700bn in 2021

Spending on property in Australia increased by more than 50 per cent last year. A new report has revealed Australian property sales last year ...

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ANZ appoints first CTO

The bank’s former chief architect has moved into a new role. ANZ has appointed Tim Hogarth as its new chief technology officer, moving from his ...

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NAB posts $1.8bn profit as lending and deposits grow

The big four reported a statutory net profit of more than $1.8 billion for the first quarter of 2022.  In a statement to the market on Thursday, ...

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AMP reports a $252m net loss

AMP suffered a $252 million loss for the full 2021 financial year. AMP reported a net loss of $252 million on Thursday, compared to a $177 million ...

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AMP Capital announces new brand name

In another step towards its demerger from AMP Limited, AMP Capital has confirmed a new brand name. The new business will be called Collimate ...

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