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29 May 2020 • By Sarah Kendell • 1 min read

Linchpin directors cop 5-year ban

Three former directors of liquidated advisory firm Linchpin Capital have been banned from financial services for five years. In a statement, ASIC ...

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Early super release widening gender gap, AMP says

An analysis of early superannuation release applications by AMP clients has shown that women are withdrawing a greater proportion of their super ...

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Westpac loses top executive

The chief executive of the bank’s institutional business is retiring. Lyn Cobley, chief executive of Westpac Institutional Bank, is retiring after ...

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JP Morgan partners with Calastone

JP Morgan Asset Management has signed on to a new service from global funds network Calastone, introducing automated settlements to its Morgan Money ...

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Bendigo provisions $143m

The bank has taken a grim outlook on the COVID-19 crisis and has provisioned for downside economic scenarios. Bendigo and Adelaide Bank has ...

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Consolidate or die?

APRA has warned super funds must be able to demonstrate their “right to remain” – and if they can’t, they could be forced to merge

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First Sentier appoints global infra head

First Sentier has appointed an infrastructure veteran to head up global investments for its unlisted business. Niall Mills will serve as head of ...

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‘We have a long battle ahead’: Byres

APRA chairman Wayne Byres has told banks to prepare for the long haul and warned that the idea that the financial system will return to normal is ...

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MLC unveils new advice business

MLC has announced a new licensee network for self-employed advisers and advice businesses as it attempts to create a “more focused and sustainable” ...

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WealthO2 hires CTO

An advice technology provider has appointed a new chief technology officer as it doubles down on technology investment amid increasing demand for ...

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