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13 August 2014 • By • 1 min read

Bank of Queensland CEO steps down

BOQ has announced that managing director and chief executive Stuart Grimshaw has resigned in order to pursue a “non-banking opportunity” overseas

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Super allocations leave ‘investors at risk’

Australian super funds are falling behind global best practice on asset allocation strategy, leaving many pre-retirees at risk, argues a newly ...

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Westpac retains hold on platform market

One quarter of financial planners use an investment platform ultimately owned by Westpac, a new report has found, making it the largest platform ...

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Major banks face class action over fees

Maurice Blackburn Lawyers yesterday filed a class action against Westpac, Citibank, St George, Bank of South Australia and ANZ in relation to ...

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ASIC takes action against SMSF providers

Two self-managed superannuation fund administrators have been castigated by the corporate regulator for making misleading representations to the ...

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BlackRock releases board gender diversity report

Three of the most widely used ‘proxy advisors’ in Australia are considering a change in their recommendations to address the lack of gender diversity ...

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Bendigo plagued by high funding costs

Higher funding costs and intense competition across the baking industry will see Bendigo and Adelaide Bank struggle to establish and maintain excess ...

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Fund manager ‘resilience program’ launched

Fund Executives Association Ltd (FEAL) and T. Rowe Price have launched training and support initiative aimed at fostering sustainable leadership in ...

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MySuper set to fail, claims Grattan Institute

There is no reason to believe the MySuper reforms will reduce costs for Australian superannuation fund members, argues the Grattan Institute’s Jim ...

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Don't tamper with industry fund boards: report

Mandating independent directors on industry super fund boards will not improve fund performance and may actually harm the retirement incomes of ...

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