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03 July 2020 • By Lachlan Maddock • 1 min read

ISA blasts early super wipeout

ISA has warned that the early release scheme will surpass government forecasts and leave a generation “languishing” on the pension scheme after almost ...

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Compensation firm slams AMP’s ‘arrogance’

A major compensation law firm has slammed AMP for claiming class actions against it are the fault of Australia’s litigation system, saying the ...

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IPO Wealth set for liquidation

The “tourism mecca” may be no more as IPO Wealth has had liquidators appointed following a bloody court battle. Mayfair 101’s IPO Wealth declared ...

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Wealth manager cops fine for trading breaches

A global wealth management firm has been slapped with a $75,000 fine from the corporate regulator for breaching trading rules around on-market ...

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JobKeeper withdrawal consequences ‘disastrous’

Withdrawal of the government’s JobKeeper scheme in September would be catastrophic for the economy given the COVID recession will be at least three ...

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UK-Australia passport to boost financial services

The first free trade agreement negotiated between Australia and the UK in over 40 years could see the creation of a passport-style regime allowing ...

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Chinese financier consents to Madison sale

An investment manager has completed its purchase of a number of wealth management businesses, including a mid-sized dealer group, after a Chinese ...

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APRA zeroes in on intra-fund advice, insurance

The prudential regulator has asked super funds for more detailed data on the giving of intra-fund advice and how member insurance arrangements have ...

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Commonwealth Bank in conflicted remuneration case

The corporate regulator has commenced proceedings against a major bank for breaching conflicted remuneration laws after more than $22 million was paid ...

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Fund managers to join activists in pushing for change

Fund managers will increasingly take on the role of activists in helping push for social change in the coming decade, a global asset manager has said

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