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ASIC takes NAB to court over fees for no service
The corporate regulator has launched legal action against two of National Australia Bank's wealth management businesses ...
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AtlasTrend launch new green investment fund
Asset manager AtlasTrend has this week launched a new sustainable investment platform which looks set to compete with similar...
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AMP's first half profit hit by remediation costs
Beleaguered wealth manager AMP has posted a 7 per cent fall in underlying interim profit to $495 million although net earnings were...
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AMP claws back losses on asset sale commitment
AMP shares fully recouped last week's losses after management promised to offload its New Zealand business...
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RG97: ASIC releases new report on fee disclosure
A long-awaited independent report has recommended changes to ASIC’s new regulatory guidance which sets out how super funds and...
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Fear and loathing casts pall over wealth industry
Regulatory and political intervention through the Royal Commission, the Productivity Commission and Budget proposals is creating...
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Hayne to grill AMP and CBA in royal commission hearings
The Hayne royal commission will investigate 14 superannuation funds - including AMP and Commonwealth Bank --when the...
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Super needs to now shoot for the long-term: Cooper
Australia’s $2.7 trillion defined contribution superannuation system needs to shoot for the long-term as larger portion of the...
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Bank platforms lose share of a shrinking market
Specialty platform providers accounted for the lion’s share of retail net flows over the 2018 March quarter in contrast to the...
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