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31 July 2020 • By Sarah Simpkins • 1 min read

AMP signals profit to crumble under COVID

AMP has indicated its profit for the first half of the year is expected to halve year-on-year, with the group feeling the heat from the virus-induced ...

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ASIC cuts down response times for disputes

The corporate regulator has released updated guidance on internal dispute resolution (IDR) for licensees, reducing the time allowed to respond to ...

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AMP, CBA, BT to face class actions

AMP, CBA and BT have been targeted in a set of class actions alleging the groups failed to act in the best interests of consumers, through selling ...

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First State Super, WA Super confirm merger

First State Super and WA Super are set to consolidate, with their merger expected to be finalised by the end of November. The merger is set to take ...

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IOOF leadership cops pay cuts

IOOF’s boss and chairman have signed off on having their pay sliced by 20 per cent for six months, with the group’s executives, directors and chief ...

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Your move for recovery, super trustees tell government

Super funds are ready to back the energy transition, infrastructure and affordable housing to power an economic recovery from the COVID crisis, the ...

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Shaw and Partners hires senior investment advisers

Shaw and Partners has appointed two senior investment advisers to its Perth office.  Former JB Were director Gary Giblett and investment adviser ...

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‘Things have deteriorated’

Treasury has warned that its economic update might already be outdated as cases continue to climb in Victoria and other states lock their doors

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More advisers join AMP class action ranks

The head of AMP’s adviser association has revealed further details around the class action lodged by AMP Financial Planning advisers this week, ...

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Macquarie profits dip

Macquarie has reported a dip in profits and is still unable to provide “meaningful” earnings guidance as it continues to grapple with the COVID-19 ...

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