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03 December 2020 • By Sarah Simpkins • 1 min read

System failures amplifying remediation issues

Defects in institutions’ systems have escalated many remediation programs, according to the corporate regulator, reporting blown up costs for ...

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HESTA backs Aus Unity impact vehicle

HESTA has committed $20 million as a cornerstone investor in Australian Unity’s inaugural issuance of mutual capital instruments, an ASX-listed impact ...

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State Super, Macquarie, QSuper heads join CFA board

CFA Societies Australia has rolled out a raft of appointments to its Sydney and Melbourne boards, including the head of Macquarie Investment ...

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Challenger appoints operations, technology exec

The boss of Challenger’s life insurance business has taken a newly created role with the group, becoming chief executive, operations and technology

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Shaw and Partners pulls Wilsons staff

Shaw and Partners has poached seven new advisers and associates from Wilsons to its headquarters in Sydney. Wilsons’ NSW state manager (associates) ...

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Macquarie to buy US asset manager

Macquarie has announced it will buy one of the oldest asset and wealth management companies in the US in a deal worth more than $2 billion

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Future Fund gets new chief investment officer

Australia’s sovereign wealth fund has announced the appointment of a new chief investment officer and a number of other senior roles on the investment ...

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Westpac hit with new regulatory action

Westpac has been hit with a court enforceable undertaking by APRA after the regulator found it was dragging its feet on risk governance and ...

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ANZ CEO blasts climate policy jibes

The chief of ANZ has shot back at critics of the bank’s new climate policies, insisting the largest impact the organisation can have is through its ...

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RBA governor rejects Keating sledge

RBA governor Philip Lowe has rebuffed former prime minister Paul Keating’s accusations of a lack of courage in the central bank’s COVID response, ...

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