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18 August 2021 • By Sarah Kendell • 1 min read

APRA super head warns funds: ‘Expect more intrusive regulation’

The prudential regulator’s new head of superannuation has signalled she may take a heavier-handed approach to enforcement in the space as the Your ...

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NAB’s Citi acquisition to boost customer base to over 4m

NAB’s recent acquisition of Citigroup’s Australian business is expected to boost the bank’s customer base to over 4.5 million. Market research firm ...

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Mutual bank, credit union to merge

A mutual bank has announced it’s entered into an agreement with a rival credit union to explore merger opportunities. In a statement, Heritage Bank ...

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Auditor of cancelled stockbroking group sentenced

The former auditor of a stockbroking group whose licence was cancelled this year has been convicted. On Wednesday, ASIC confirmed that Robert Evett ...

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Smooth sailing for Westpac as lockdowns continue

The big four bank has noted it’s yet to feel the financial pain from lockdowns in Sydney and other capital cities, but flagged an exposure of $300 ...

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ASX companies working to ‘enhance ESG performance’

A number of ASX-listed companies are working to better address ESG-related issues within their businesses, according to a new report. Research ...

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IGCC chief joins forestry manager

A former chief executive of the Investor Group on Climate Change will join a global forestry investment manager as its new head of sustainability

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HESTA recruits experienced ‘technology leader’

HESTA has announced the appointment of an “experienced information technology leader” as its new senior technology and digital strategist

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Are more established fund managers always best?

New managed funds are generally thought of as a greater risk for retail investors because of their lack of track record, but new research has ...

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CSLR scheme will see ‘many people go uncompensated’

The government’s compensation scheme of last resort (CSLR) will devastate victims of financial scandals and leave them out of pocket according to a ...

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