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28 February 2020 • By Sarah Simpkins • 1 min read

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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OneVue posts $27m loss as Sargon debt takes hold

OneVue has written down its Sargon Capital receivable to $3.9 million, with the group recording a $27 million loss for the half year. Embattled ...

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JPMorgan pulls fossil fuel support

JPMorgan Chase has ended its support for the coal-mining industry and set aside hundreds of billions to support climate action in the latest ...

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Disney CEO steps down

Bob Iger, who has led the Walt Disney Company for almost 15 years, will step down as CEO effective immediately.  Mr Iger will stay on as executive ...

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Infrastructure Australia flags climate risk

Infrastructure Australia has placed climate change in the top tier of its priority list for the first time, warning that drought, flooding and ...

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