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regulation

12 March 2021 • By Reporter • 1 min read

APRA ditches Westpac investigation

The prudential regulator has closed its investigation into Westpac over the AUSTRAC scandal that rocked the bank in 2019.  APRA commenced its ...

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Post-JobKeeper stimulus announced

Australian travellers will be offered half-price flights following the federal government’s announcement of a $1.2 billion stimulus package to support ...

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Super reforms could cost consumers $3bn a year: research

Research on the Your Future, Your Super (YFYS) laws shows that consumers could lose out on billions as a result of the new performance tests

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AMP deal ‘beggars belief’: Macquarie

Ares is offering AMP bottom dollar for its private markets business, and the sale is unlikely to go ahead if it doesn’t aim higher.  Macquarie ...

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Platforms luring retail investors to global stocks 

The number of retail investors trading international equities doubled in the 2020 year, with a research firm reporting a greater choice across newer ...

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Has the tech bubble burst for good?

With global economies improving off the back of strong vaccine results, it’s likely the inexorable rise of the tech sector may have finally run its ...

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Channel Capital nabs AMP Capital state manager

Multi-partner asset manager Channel Capital has hired from AMP Capital for the appointment of its new distribution director in its Sydney office

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Janus Henderson names global client experience head

Janus Henderson has hired from Aviva Investors for its new global head of client experience. Andrew Morrison has taken the job, where he will be ...

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Newcastle deputy mayor to join super fund board

The deputy lord mayor of Newcastle, Declan Clausen, is set to take a seat on the board of Local Government Super.  Councillor Clausen will fill the ...

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Frontier tightens culture criteria

After the fallout around sexual harassment allegations at AMP, Frontier has escalated its culture standards for its investment manager ratings, with ...

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