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14 December 2016 • By • 1 min read

Federal Court fines ANZ, Macquarie Group

A Federal Court ruling will see both ANZ and Macquarie Group pay multimillion-dollar penalties for attempted cartel conduct, according to the ACCC

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Banks under pressure on fossil fuel lending

Australia’s major banks should be more transparent about their fossil fuel lending activities given their public support for limiting climate change, ...

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OpenMarkets slapped with licence conditions

Online stockbroker OpenMarkets has had additional conditions imposed on its financial services licence following a surveillance by ASIC

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Perpetual names next board chair

Financial services organisation Perpetual has announced former ASIC chairman Tony D’Aloisio will take over as the company’s new chair

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Virgin Money outsources super to Mercer

Mercer has completed a 'successor fund transfer' of Virgin Super into its $21 billion Mercer Super Trust, creating the soon-to-be-launched entity ...

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Fed meeting won't be ‘lacklustre’: QIC

Investors should pay attention to the upcoming US Federal Reserve meeting despite its almost certain outcome, says QIC. QIC director of research ...

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Canadian Pension Plan invests in AMP Capital fund

The Canada Pension Plan Investment Board has taken a 50 per cent stake in AMP Capital’s New Zealand property portfolio. The Canada Pension Plan and ...

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Rising yields will hurt bond investors: Henderson

The end of the monetary easing cycle could take a heavy toll on passive bond portfolios, warns Henderson Global Investors. In his outlook for 2017, ...

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Equity Trustees keen to acquire Sandhurst Trustees

Equity Trustees has confirmed it is in discussions with Bendigo and Adelaide Bank regarding a potential acquisition of the Sandhurst Trustees estates ...

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New custodian named for TCorp

JP Morgan will provide custodial services for the investment assets of three New South Wales state government agencies. The assets of the NSW ...

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