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18 February 2020 • By Lachlan Maddock • 1 min read

Chant West Holdings sells superannuation business

Chant West Holdings Limited (CWL) will sell its superannuation research and consultancy business to Zenith Investment Partners in a ...

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IOOF profit plunges, P&I faces shake-up

IOOF’s profit for the half slumped, but the group has dived into a plan to reshape its business, with its chief hinting that the products in the ...

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BHP profits surge despite uncertain outlook

BHP profits have jumped and the company will pay out a record dividend but could revise its outlook downward as global uncertainty weighs on commodity ...

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Super funds blasted for climate voting

Shareholder activist group Australasian Centre for Corporate Responsibility (ACCR) has called out Australia’s largest superannuation funds for failing ...

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Hume slams IFM exec pay

The superannuation and financial services assistant minister, senator Jane Hume, has openly condemned IFM Investors, following reports the investment ...

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Bendigo Bank launches $300m raise as profit plunges

Bendigo and Adelaide Bank has opened a $300 million capital raise as the company has recorded a 28.2 per cent drop in profit year-on-year for the ...

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APAC braces for virus hit

As the coronavirus death toll climbs, economies throughout the Asia Pacific are preparing for an impact greater than that of SARS. With the death ...

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QBE takes climate hit

QBE has recorded a surge in profits but drawn the ire of shareholders who believe it has failed to act on climate change risks as unusual weather ...

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AMP Capital shines through wealth setbacks

The royal commission has been an “unprecedented disaster” that “trashed” AMP’s brand, but both AMP Capital and AMP Bank will support the group’s ...

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Last resort compensation scheme needs limits: FSC

The Financial Services Council (FSC) has urged the government to work with industry on the compensation scheme of last resort (CSLR), cautioning the ...

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