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‘Don’t tough it out on your own’: Victorian banks respond to latest lockdown

08 June 2021 • By Neil Griffiths • 1 min read

‘Don’t tough it out on your own’: Victorian banks respond to latest lockdown

Victorian banks are ready to assist customers affected by the latest lockdown across the state. After Victoria went into a “circuit-breaker ...

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Is active management worth it?

New research conducted by Australian Fund Monitors (AFM) has tested the significance of actively managed funds and if they really can outperform on a ...

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AUSTRAC launches case against NAB over ‘serious concerns’ of non-compliance

AUSTRAC has identified “serious concerns” with NAB’s compliance in regards to the Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) ...

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Mercer hits record high of US$380bn global AUM

Mercer has this week reported its global AUM has reached US$380 billion, which is a new high for the asset management firm. On the local front, the ...

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US investment advisers to launch private client group in Australia

Fisher Investments has announced it will be launching a private client group in Australia. The US-founded independent adviser will offer investment ...

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AFG announces ‘strategic alliance’ with neobank Volt

AFG has announced a new “strategic alliance” with local neobank, Volt. The partnership sets out a $15 million investment and provides the mortgage ...

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New ASIC chair ‘concerned’ about regulatory burden on advice sector

New ASIC chair Joe Longo has confirmed looking into the regulatory and cost burdens of the financial advice sector will be one of his priorities

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Government reforms risk ‘compromising the independence’ of proxy advisers

Global asset manager Dimensional says the government’s reforms on proxy advice threaten adviser independence in a submission to Treasury this week

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RBA makes last cash rate call for this financial year

The Reserve Bank of Australia has made its last call on the official cash rate for this financial year. As widely predicted, the RBA has held the ...

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‘Surprising and disappointing’: Greater innovation needed in retirement strategies

Those nearing retirement ages are being hindered by a lack of innovation on the types of products available, according to Zenith Investment Partners ...

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