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CBA sells life business; flags Colonial float
Commonwealth Bank will sell its beleaguered life insurance business CommInsure to AIA Group for $3.8 billion and is looking to...
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June flows surge ahead of super caps
Data from Strategic Insights has confirmed net flows more than doubled to $10.5 billion in June ahead of the introduction of lower...
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SEC warns investors against ICO scams
The US market regulator has warned investors about the hype in cryptocurrency-based intial coin offerings, which the watchdog...
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Cashwerkz eyes cash deposit market
Fintech business Cashwerkz has finalised its merger with listed financial services group Trustees Australia as it positions to...
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Why Asia's lenders are banking on wealth management
Banks in Asia are increasingly looking to tap into digital wealth management solutions to service the growing mass affluent market...
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Is the ATO keeping up with fintech innovation?
PayPal and the Council of Small Business Australia will on Wednesday front a public hearing to discuss the implications of the e-...
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AMP moves to reduce risk in life book
Wealth manager AMP has struck a series of reinsurance deals to reduce risk in its Life business while also reporting a 4 per cent...
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Super funds face scrutiny over climate risk
Australia’s largest superannuation funds could find themselves facing legal action following new disclosure requirements on climate...
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Penny drops on pocket money with app launch
The traditional family deal of pocket money for chores is getting a 21st century makeover with Sydney fintech start-up Pennybox...
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