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30 January 2020 • By Sarah Simpkins • 1 min read

AMP cuts super fees as products axed

AMP has reported a new set of fee reductions across its super products will affect 500,000 clients, as part of the wealth giant’s major cutback and ...

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Saudi Aramco weathers missile attack

Saudi Aramco has endured another missile attack on one of its facilities as Houthi rebels step up their insurgency against the Saudi-led coalition in ...

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Coronavirus could ravage Aussie economy

The coronavirus could drag Australian GDP growth close to zero for this quarter, and the situation could get worse before it gets better, according to ...

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Volatility here to stay: Schroders

Investors shouldn’t expect the benign conditions of 2019 to stick around, according to investment manager Schroders. The support of central banks – ...

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APRA vows greater scrutiny of bank culture

APRA will strengthen and expand its Banking Executive Accountability Regime (BEAR) across the financial landscape as the regulator gears up for what ...

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IOOF funds bounce back with advice acquisitions

IOOF saw its funds under management, advice and administration (FUMA) rise by 5.2 per cent in the six months leading up to the end of 2019, finally ...

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GAM expands distribution team

GAM Investments has announced the hire of a new manager for key accounts, based in Sydney. Ryan Crewe will be responsible for developing GAM’s ...

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AMP Capital appoints head of airports, Europe

AMP Capital has boosted its European asset management team with the appointment of a new investment director and head of airports for Europe

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HSBC names Aus CEO

Former HSBC Japan boss Kaber Mclean will be leading the bank’s Australian arm, as it seeks to grow its local market share and revenue

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IML adds New Zealand national manager

IML has announced the appointment of Gavin Butt as co-state manager for NSW, state manager for the ACT, and national manager for New Zealand

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