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17 October 2018 • By James Mitchell • 1 min read

‘We should have implemented FOFA’: CBA

The head of a major bank has admitted that the group did not take measures to remove conflicts of interest within its financial advice business

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Trump’s attack on ‘crazy’ Fed puts independence at risk

AMP Capital chief economist Shane Oliver has warned that there is a real risk President Trump will blame the Fed for the next inevitable downturn, ...

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ASX mFund surpasses 200 funds

The ASX mFund Settlement Service continues its growth with more than 200 funds now available to investors and financial advisers. mFund allows ...

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NAB to refund over $310 million

The National Australia Bank has announced that it will pay out over $310 million to customers impacted by its wealth business. The cost of $314 ...

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Fees are destroying investor wealth

New research has found the consequences that fees can have on an investment and how higher fees do not necessarily correlate with performance

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Insight fund added to Macquarie platform

A new fund based on a long-running strategy from asset manager Insight Investment has been added to the Macquarie Wrap platform. Insight said its ...

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ETF market outpaces listed investment companies

The Australian ETF industry continued its strong growth trajectory, reaching a record high of $42.29 billion in FUM in September, according to ...

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ANZ CEO exposes weak arguments of banking inquiry

Shayne Elliott’s appearance before a parliamentary inquiry revealed the difficulties of balancing a profit-making enterprise while motivating staff ...

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IOOF expands managed account offering

A new capability has been added to IOOF’s managed account offering to include multi-asset models that combine direct equities with managed funds on ...

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Royal commission exposed cultural failings: Assistant Treasurer

The Assistant Treasurer Stuart Robert MP said that the royal commission has exposed failings in the industries culture and it was now time to rebuild

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