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20 September 2019 • By James Mitchell • 1 min read

Regulators suffer second defeat after IOOF wins court case

APRA has become the second regulator to fail in its attempt to take legal action against a major financial institution following the Hayne royal ...

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SSGA exec named new Sunsuper CEO

Sunsuper has today announced the appointment of a new chief executive to lead the fund through its next phase of its development. Sunsuper chair ...

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AB low-carbon strategy attracts first super fund

NGS Super has become the first super fund to invest in a low-carbon portfolio designed by global asset manager AllianceBernstein. The AB Managed ...

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Betting against the banks: Class actions, litigation funders and risk

EXCLUSIVE Class action lawyers are having a field day following the Hayne royal commission. A top litigation funder reveals how taking Aussie ...

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Fed rate cut ‘like 1987’, says Oliver

AMP Capital chief economist Shane Oliver says this isn’t the first time US central bank has cut rates despite a growing economy. As widely ...

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Perpetual Private wins Best Multi Strategy Fund

Perpetual Private Investment Research Team (PPIRT) has for the second year running won the category for Best Multi Strategy Fund at last week’s Hedge ...

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Afterpay success disrupts bank’s credit card strategy

Superfund-owned bank ME has shelved plans to launch new credit cards after witnessing the success of “buy now, pay later” players like Afterpay and ...

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Bell Direct appoints market analyst

Bell Direct has appointed Finance News Network’s former head of news and content Jessica Amir as a market analyst. Based in Sydney, Ms Amir will be ...

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Big four poised to demand clarity after Westpac case

EXCLUSIVE A former Macquarie banker says hazy guidelines around lending will cause problems for the next six months following the Westpac case, ...

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‘Get better or get out’: APRA warns super funds

APRA chairman Wayne Byres says the prudential regulator will be having some “difficult discussions” with superannuation trustees that fail to produce ...

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