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27 October 2016 • By • 1 min read

ASIC releases report on advice 'failures'

The corporate regulator has released a report on "financial institutions' and advisers' systemic failures" to provide ongoing advice services to ...

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Challenger annuities added to AMP platforms

AMP has added Challenger's suite of annuities to its investment and administration platforms. In a statement on the ASX this morning, Challenger ...

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NAB reports $6.48bn profit, holds dividend steady

The National Australia Bank has announced cash earnings of $6.48 billion for the full year ending September 2016, as well as an unchanged ...

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Inflation numbers surprise on the upside

The September quarter inflation figures were higher than expected, which could put paid to the prospect of a Melbourne Cup day rate cut, says AMP ...

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CBA subsidiary makes hybrid security offer

The Commonwealth Bank has announced a Tier 2 capital raise for its New-Zealand based subsidiary, ASB Bank, through the release of ASB Subordinated ...

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Northern Trust hires Asia fund services head

Custodian Northern Trust has announced the appointment of Caroline Higgins to head up its global fund services business in Asia. Ms Higgins, who ...

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Investor confidence stages recovery in October

October has seen investor confidence continue its upward trend from September and is nearing a neutral level, according to the State Street Global ...

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Investor fears hampering economic growth

Global economic growth is being constrained by investors' habitual fear of another financial crisis, according to Principal Global Investors

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RBA likely to cut rates in 2017: AB

Australia’s economic growth is showing signs of improvement, but the adjustment in house prices may drive further cuts throughout 2017, according to ...

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Indian government backing growth

India’s role in global markets looks set to increase in coming decades as the government makes moves to support the country’s growing economy, ...

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