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Federal Budget will be a "throw of the dice attempt": Bowen
Shadow Treasurer Chris Bowen said the Federal Budget will only be a “throw of the dice attempt” aimed at survival rather than a...
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Should Westpac fully exit wealth?
The sale of Westpac’s advice business is a logical step, but the bank could still exit the wealth management business entirely on...
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Regulatory challenges no barrier as Viridian focuses on technology to deliver on advice
Viridian Financial Group will keep its focus on “cutting-edge technology” as it begins to transition Westpac’s financial advice...
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IOOF/ANZ OnePath deal further delayed
The sale of ANZ’s wealth business OnePath to IOOF has been further delayed following a change in the $1 billion sales contract....
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Millennials opt for personal touch over robo-advisers
Legg Mason global investment survey for 2018 revealed some surprise findings with 60 per cent of Millennials opting to choose an...
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Investment managers could have done better
Investment managers could have done better in applying the principles of environmental, social and governance factors to their...
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CBA sells asset manager for $4.13bn
Commonwealth Bank will sell Colonial First State Global Asset Management to Mitsubishi UFJ for $4.13 billion and continue with its...
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Wealth giants are starting to bleed
Australia’s wealth giants continue to lose share of retail flows with their first quarter of net outflows in more than six...
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Dating apps and the battleground for the customer
To compete in today and even tomorrow’s digital world, the wealth management sector must harness the concepts of ‘relevance’ and...
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Former Westpac adviser's banning appeal thrown out
The Administrative Appeals Tribunal has upheld the Australian Securities and Investment Commission's ban on a former Westpac...
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Flat lining cash-options draw class action ire
The financial services royal commission has spawned yet another class action law suit as Slater and Gordan are set to rake...
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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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