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13 November 2018 • By Sarah Simpkins • 1 min read

InvestSMART introduces capped fees

InvestSMART is launching a new pricing model, capping fees for investors at $451 per annum on its new Professionally Managed Account platform

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APRA reviewing approach to enforcement action

APRA has announced the terms of reference for the upcoming review that will examine the regulator’s enforcement strategy. APRA established the ...

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Treasurer opens global tech hub

The NSW Treasurer officially opened a new tech hub in Sydney to help foster and grow innovation throughout the world. The hub, owned by Mastercard, ...

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‘Conflicted’ wealth models can be managed, say major banks

All four major banks have staunchly defended their vertically integrated models, arguing that a conflicted ‘one-stop shop’ approach to advice benefits ...

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Inquiry chair slams Labor franking credit policy

A parliamentary inquiry into the consequences of changing franking dividends has launched with one liberal MP calling the Labor proposal an ...

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2020s an era of digital disruptors

The shape of portfolios over the next decade will likely consist of companies that embrace digital disruption, according to fund manager Capital Group

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Grattan Institute’s suggestions labelled ‘offensive’

The recent suggestions from the Grattan Institute have been labelled as offensive to working Australians by the nation’s largest super fund

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APRA to enforce Murray Inquiry recommendation

APRA has proposed changes to the application of the capital adequacy framework for authorised deposit-taking institutions to support orderly ...

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New Zealand leads Australia in ESG performance

A new rating model to explore how environment, social and governance factors affect sovereign debt portfolios has put New Zealand on top

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Westpac fined $3.3m for rate rigging

Westpac has been ordered by the Federal Court of Australia to pay a pecuniary penalty of $3.3 million for contravening s12CC of the ASIC Act through ...

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