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Cost of fraud high in Australian financial services sector

09 July 2021 • By Neil Griffiths • 1 min read

Cost of fraud high in Australian financial services sector

A new study analysing a number of sectors, including financial services, has found that the cost of fraud in Australia is high. LexisNexis Risk ...

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‘Really difficult’: Super fund concedes struggles with gender diversity

Aware Super has conceded it has “struggled” to achieve gender diversity in its investment team. Appearing at a House economics committee on ...

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AMP agrees to sell GEFI business to asset manager

AMP Limited has announced it has entered a binding agreement to sell AMP Capital’s global equities and fixed income (GEFI) business. The wealth ...

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More fund managers join net-zero goal initiative

Nero Asset Managers’ initiative to reach net-zero emissions has scored more big-name signatories. Forty-one asset managers representing $9 trillion ...

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CEOs and directors taking salary hits on back of COVID pandemic

Australian CEOs, board directors and senior managers have taken salary hits in the last 12 months due to the economic impact of the COVID pandemic

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RBA makes cash rate call amid wild speculation

The Reserve Bank of Australia has made its first call on the official cash rate for this financial year. Following much debate about when the ...

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Investor enthusiasm for thematic products returns

ETF funds providing exposure to battery technology, robotics and automation have proved to be the most attractive for investors in 2021, according to ...

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Westpac sells New Zealand life insurance business

Westpac has announced that it is selling its New Zealand life insurance business and will enter a 15-year agreement for the distribution of life ...

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Parliament urged to move fast on family law super reforms

The Australian Institute of Superannuation Trustees (AIST) has called on Parliament to move quickly to pass legislation that is “critical” in ...

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Super fund consortium bids for Sydney Airport

An Australian-led consortium has confirmed that it has approached the board of Sydney Airport Limited with a non-binding indicative proposal

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