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06 July 2018 • By • 1 min read

ASIC accepts EUs from CBA and ANZ

ANZ and the Commonwealth Bank have entered into enforceable undertakings with ASIC after the regulator found their bank branch staff distributed ...

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Sunsuper and AustSafe Super to merge

Rural industry fund AustSafe Super has entered into an agreement to merge with $55 billion Sunsuper, with a target date of early 2019. The boards ...

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‘Race to the bottom’ on asset management fees

Low-cost passive investment products and automation will continue to compress wealth management fees, says US researcher Cerulli Associates

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Super funds struggling with shift to digital

Superannuation funds have made some strides in transitioning to digital platforms and online communication, but the process has been challenging for ...

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ABA rejects additional cash limit reporting

The Australian Banking Association has largely embraced the federal government’s proposal to limit cash payments to $10,000, but the lobby group has ...

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Superannuation ‘catch-up’ measures kick in

From 1 July, Australians with superannuation balances under $500,000 will be able to tap into unused parts of their concessional contributions cap

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Catholic Super names new chief investment officer

Catholic Super has named former Perpetual Investments general manager of product and strategy Anna Shelley as the business’ new chief investment ...

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ASIC takes action on ‘independence’ claims

ASIC has forced four financial advice companies to amend “false claims of independence” on their websites and marketing material

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‘Storm clouds’ on the horizon: AMP Capital

Though global growth is still coasting along comfortably, a few “storm clouds” hang over the outlook for the new financial year, says AMP Capital

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Aussie equities emerge a winner in June

Australian equities were the best-performing major asset class in the month of June with the financials and resources sector pulling most of the ...

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