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20 August 2020 • By Lachlan Maddock • 1 min read

ASIC targets Westpac subsidiaries over fees for no service

ASIC has commenced proceedings against two entities within Westpac’s wealth management division over conduct that formed a case study during the Royal ...

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Yarra rolls out promotions

Yarra Capital Management has announced a string of promotions across its Australian equities investment team “in recognition of the continued ...

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Stonehorn targets Australia with key appointment

Ex-Macquarie Asia team Stonehorn Global Partners has recruited an Australia-based distribution veteran to launch its Asia fund to Australia’s biggest ...

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ASIC launches civil proceedings against StatePlus Super

ASIC has commenced civil penalty proceedings in the Federal Court against StatePlus Super for charging more than 36,000 members fees for no service

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COVID hit drags Perpetual profit

Perpetual recorded an $82 million net profit for the full year, down by 29 per cent as it clocked lower revenue from COVID-depleted funds

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Red tape is holding businesses back

Despite the Morrison government’s push to grow the country out of debt, a huge number of businesses feel ignored by the government and believe ...

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Global economy running ‘relay recovery’: State Street

One of the world’s largest asset managers believes the recovery from COVID-19 is playing out like a “high-stakes relay race”, with new risks at every ...

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Moelis rolls out board changes

Moelis Australia has welcomed a chief operating officer of investment banking and a Sydney Swans non-executive director to its board. Alexandra ...

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Shaw and Partners hires senior wealth adviser

Shaw and Partners has recruited a former senior private wealth adviser from ANZ Private to its Brisbane office. Greg Maher has joined the firm as a ...

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Investors demand stronger climate risk transparency

Australian institutional investors have called for reforms to climate risk disclosure from companies, including the reporting of links between ...

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