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01 December 2020 • By Sarah Simpkins • 1 min read

Mercer reforms fees, allocations

Mercer has rolled out a series of changes to its super trust products, including a 36 per cent reduction to its headline MySuper asset-based ...

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Aussie investors don’t feel COVID fear

The portfolios of Australian investors have been hit harder by COVID than many of their global peers, but most believe that things are looking up

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Government claims stimulus win

Use of the government’s JobKeeper package has fallen sharply, with millions of businesses getting off the support as the recovery kicks into high gear

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‘Immature and reactive’: APRA slams Westpac risk culture

The chief of Westpac has vowed to remedy the bank’s shortcomings, as APRA has slapped it with a wave of new obligations and blasted its risk culture

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Vaccine to rescind stay-at-home norm: SG Hiscock

A portfolio manager with SG Hiscock has said the news of vaccines to be rolled out has been a “wake-up call” for markets, tipping consumers will ...

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RBA makes December rate call

The RBA has had its final say on interest rates for the year as Australia enters a critical period for its economic recovery. The RBA has left ...

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CBA cops civil proceedings for overcharged interest

ASIC has commenced civil penalty proceedings in the Federal Court against the Commonwealth Bank, over the bank charging an interest rate on business ...

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APRA takes action against Westpac over liquidity breaches

APRA has taken enforcement action against Westpac in response to material breaches of prudential standards around liquidity.  The breaches, which ...

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Investors should quadruple Chinese asset allocations: Willis Towers Watson

New research from Willis Towers Watson has suggested that institutional investors have overlooked China and they should increase their average growth ...

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Retirement gender gap defies child choice

A study has found that while choosing to not have children boosted single women’s earning capacity early in their careers, the higher income did not ...

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