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25 February 2020 • By Sarah Simpkins • 1 min read

IOOF facing shareholder class action

Shine Lawyers has indicated it will be commencing a class action against IOOF on the behalf of shareholders who were said to suffer losses due to ...

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Fundies push against active management doubts

Three global fund mangers have urged Australia’s investment industry to bolster active management and challenge concerns around fees and costs

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Equinor drops exploration plans

Norwegian oil giant Equinor has ditched plans for a drilling operation in the Great Australian Bight, saying they were not “commercially competitive”

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Super lagging in communication: Investment Trends

Only half of working consumers who searched for retirement information pertinent with their financial situation were able to find it, with a new ...

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Coronavirus heightens recession risk

COVID-19 is making a rate cut in March substantially more likely and a recession could be on its way, according to AMP Capital. Australia is likely ...

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Industry funds blast super amnesty

The government has passed legislation providing amnesty to employers who have failed to pay superannuation, but industry funds have slammed it as a ...

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Former investment analyst pleads guilty to Big Un insider trading

BREAKING A former investment analyst has pleaded guilty to insider trading and communicating inside information relating to the purchase and sale of ...

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MyState bumps up profit with wealth revamp

MyState’s profit has elevated by 5.4 per cent for the half year, with the company anticipating the launch of its new funds platform will propel its ...

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APRA amplifies climate risk monitoring

The prudential regulator has ramped up its efforts around setting how financial institutions prepare for climate change, indicating it will be stress ...

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APRA to embed climate in stress tests

Major financial institutions will have to answer for how well prepared they are for climate change, as the prudential regulator reshapes its stress ...

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