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20 April 2020 • By Sarah Simpkins • 1 min read

Perpetual cops declined funds amid virus

Perpetual was rocked by the coronavirus pandemic during the last quarter, with its advice business ending March on 15 per cent less funds under advice ...

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COVID-19 slows renewables transition

The immediate threat of global pandemic has put the transition to renewable energy on the backburner. While the COVID-19 pandemic is demonstrating ...

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3 million Aussies could be out of work

Social distancing measures have hit employment hard, but the government’s stimulus packages mean the full nature of the crisis is still unknown

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Australia will see ‘mega funds’

Australia’s superannuation sector will soon see its first “mega fund”, but it’s unclear that the benefits of that scale will reach consumers

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Big four bank signals $1.1bn earnings hit

A major bank has indicated its first-half earnings will be eaten away by $1.14 billion, including further remediation provisions dominated by adviser ...

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Investment firms restrained from promoting products

The Federal Court has made interim orders restraining two firms within an investment group from promoting their products, alongside limits on words ...

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Court throws out QSuper, fund manager appeals against AFCA

The Federal and Supreme Courts have dismissed the appeals of QSuper and a boutique fund manager against the financial complaints authority, after both ...

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Libra crypto gets revamp

A global cryptocurrency from one of the world’s largest software companies has undergone sweeping changes after drawing the ire of regulators

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Out of the frying pan, into the fire

COVID-19 will exacerbate some of last year’s most dangerous trends, and the forecast “recovery” could be anything but. Prior to our new normal, ...

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Sovereign wealth fund reinstalls board members

The Future Fund has extended the tenures of two of its members on its board of guardians. Carolyn Kay and Dr Jane Wilson have kept their seats on ...

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