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21 June 2017 • By • 1 min read

New managed fund exchange launched

Fintech firm and managed account services provider MA Operator has created a managed fund exchange platform to expand its business offering

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RBA governor upbeat on economy

The Australian economy will experience stronger growth over the coming years, says RBA governor Philip Lowe – but house prices, rising debt levels and ...

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‘Licensees of last resort’ under scrutiny

ASIC is investigating a number of financial planning dealer groups that advisers perceive as “licensees of last resort” as part of its crackdown on ...

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Bank levy must be reviewed, says Senate

A Senate report released yesterday has recommended the government’s bank levy be reviewed after two years to asses its efficacy and its effect on ...

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Sequoia to purchase InterPrac FP

ASX-listed wealth manager Sequoia Financial Group will acquire financial planning outfit InterPrac for $12.83 million. According to a statement to ...

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Grant Samuel CEO becomes executive chair

Grant Samuel Funds Management has appointed a new chief executive to replace Andrew McKinnon, who has been named executive chair of the board

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Super funds closing in on strong year

Growth-orientated super funds are likely to provide members with double-digit returns throughout the 2016-17 financial year, says Chant West

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Link Group rebrands managed fund admin

Link Group has rebranded its fund administration subsidiary White Outsourcing, after acquiring it from Steadfast Group in December 2016

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Equipsuper to merge with Rio Tinto Staff Super

Industry fund Equipsuper has confirmed its merger with the Rio Tinto Staff Superannuation Fund in a move that will double its funds under management ...

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ASIC and AFP investigating bank levy leak

The corporate regulator is working with the Australian Federal Police on an investigation into “suspicious trading” of major bank shares ahead of the ...

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