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04 March 2020 • By Sarah Simpkins • 1 min read

Clime lobbies Canberra for fiscal action

Clime Investment Management has urged the government to pull together a summit for coordinating fiscal stimulus policy in response to the ailing ...

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LICs important for economy, industry body says

An association for listed investment companies and trusts has defended the segment in the midst of industry scrutiny and the government’s stamping fee ...

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Risk index spikes as coronavirus spreads

State Street Global Markets has alerted its Systemic Risk Index has had its highest leap since 2015, in the face of the coronavirus outbreak

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Raiz dumps Sargon corporate trustee

The board of Raiz has cast off Sargon Capital-owned corporate trust business, Australian Executors Trustee, telling shareholders on Monday it would be ...

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IOOF slapped with shareholder class action

Shine Lawyers has filed a class action against IOOF in the Federal Court, on the behalf of shareholders who were said to suffer losses due to the ...

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Evans Dixon cuts 20% of staff

Evans Dixon has revealed it ditched a fifth of its staff during the first half year, as part of the embattled wealth group’s overhaul

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Big banks hit with class action

Westpac and ANZ have been hit with a class action by Slater and Gordon over allegations that they sold junk insurance to vulnerable customers

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Rising tides could roil global wealth

China’s manufacturing heartland is the area most at risk from sea level rise worldwide, threatening 3.8 per cent of global wealth, according to ...

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Sargon finds buyer for trustee, NZ businesses

Troubled financial services group Sargon Capital has entered into a sale agreement for its eight companies under administration. The deal includes ...

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Life insurance losses drag Clearview profit

Wealth management group Clearview has posted a 23 per cent decrease in profit for the second half of 2019, with a poor result from its life insurance ...

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