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01 August 2018 • By Jessica Yun • 1 min read

Finance data breaches up 450%

According to freshly released statistics, the number of data breaches in the Australian finance sector has more than quadrupled since the April ...

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BT revamps Panorama payment model

BT Financial Group has announced an overhaul of the fees on its flagship investment platform, Panorama. In a statement about the changes, BT chief ...

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Netwealth nudges $18bn in FUA

Platform provider Netwealth has increased its funds under administration by $1.95 billion for the June quarter, taking it to $17.96 billion. In a ...

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Younger Australians taking up robo-advice

Investors who use robo-advice platforms tend to be under the age of 45, according to a new survey by Six Park. Six Park said majority of its ...

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Wealth02 moves past $500m FUA

WealthO2, a relatively new platform that provides managed account, MDA, managed fund and superannuation services, has passed $500 million in funds ...

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Raiz Invest enters superannuation market

Raiz Invest, formerly known as Acorns Australia, has launched a new superannuation product to its 160,000 members. Raiz Invest, previously known as ...

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Digital bank to be launched by banking veterans

Banking veterans from Westpac, CBA, ANZ and Australian Unity are at the helm of new Cuscal-backed digital bank ‘86 400’ set to soft launch at the end ...

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IOOF releases managed accounts on platform

IOOF has announced the launch of its managed discretionary account on the IOOF Pursuit platform. In a statement, IOOF said its managed ...

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Asset managers taking research in-house

As much as 90 per cent of institutional research is being conducted in-house, with reliance on investment banks falling rapidly, according to new ...

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Wealth management sector ready for AI

More than 90 per cent of 'wealth managers' and high-net-wealth investors around the world are willing to incorporate artificial intelligence into ...

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