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24 December 2018 • By James Mitchell • 1 min read

OneVue sells super trustee business for $45m

Sargon Capital has acquired Diversa Trustees Limited from OneVue in a $45 million deal that will bring Sargon’s assets under trusteeship and ...

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APRA authorises new ADI

APRA has announced that it has authorised a new foreign authorised deposit-taking institution, allowing the bank to operate in Australia

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Volt Bank goes live in record time

Neobank Volt has gone live in record time, with Temenos digital banking platform in its bid to acquire a full ADI licence.  Volt Bank has gone live ...

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Managed accounts improve financial advice

A new whitepaper has revealed that managed accounts drive better client engagement and improve the delivery of financial advice.  The whitepaper by ...

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Investors expect funds to be force for good

Today’s investors expect fund managers to be a force for good and to create lasting social change, according to one chief executive.  Legg Mason’s ...

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ANZ not ‘shrinking to greatness’, says CEO

While the major bank is determined to become a simpler organisation, it admits that it cannot blame its failures on the complexities of being a large ...

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Forex broker’s assets frozen by Federal Court

ASIC has obtained orders from the Federal Court against a Melbourne-based forex brokerage and its director, freezing their bank accounts and ...

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APRA removes interest-only cap

The prudential regulator has announced that it will be removing its 30 per cent speed limit on interest-only lending from 1 January 2019

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Statewide Super wins government contract

The Northern Territory government has announced that Statewide Superannuation will become the next default government super fund. In a statement, ...

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MFS promotes director to CIO role

MFS Investment Management has appointed Edward Maloney as its new chief investment officer who will start the role in the new year.  Edward M. ...

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