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01 July 2020 • By Sarah Simpkins • 1 min read

IOOF chief pressed on vertical integration

The boss of IOOF has said the company “shouldn’t apologise” for seeking efficiencies when integrating different parts of the business, as the group ...

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IOOF chief defends platform fees

The boss of IOOF has rejected speculation from a Labor MP that its platforms have priced customers out of using external products. Speaking to the ...

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OneVue secures Australian Unity contract

OneVue has entered into a new fund administration agreement with Australian Unity Wealth & Capital Markets, with the group set to become its ...

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Australia headed for ‘economic own goal’: Grattan

A leading researcher has warned that Australia’s rush to an austerity budget could create another recession and the government should be prepared to ...

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Institutional investors turning to China 

Investors have been reassessing their approach to investing in Chinese equities, according to a new report, which has shown a shift toward products ...

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Open banking tipped to shape investment

The chief of an investment bank has said open banking will see client expectations evolve, ahead of the regime’s launch on Wednesday. The Consumer ...

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Central banks warn 25% GDP loss without climate action

A coalition of central banks, including the RBA, has prepared its first set of standardised climate scenarios for future climate risk ...

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Government pulling fiscal support too early, economists warn

The Australian economy could be left teetering on a “financial cliff” in September, economists from St George and IFM have cautioned, as the ...

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JANA calls for clients to take climate action

Australia’s largest investment consulting firm is calling on its clients to factor climate change into major investment decisions, warning that it ...

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Global recession worse than it looks

The IMF has warned the economic fallout of COVID-19 will be more severe than expected as a “recovery like no other” gets underway. Global growth is ...

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