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09 July 2018 • By • 1 min read

Bank execs to advise Data Standards Body

Senior executives from the major four banks have been named among the members of the advisory committee to the Data Standards Body. The Data ...

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PM Capital sets out to fix LIC market

PM Capital is looking to solve the problem of LICs trading at a discount or premium to NTA by issuing a redeemable security that aims to raise up to ...

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Low rates threatening financial stability

The Committee on the Global Financial System, chaired by RBA governor Philip Lowe, has warned that leaving interest rates too low for too long could ...

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‘Race to the bottom’ on asset management fees

Low-cost passive investment products and automation will continue to compress wealth management fees, says US researcher Cerulli Associates

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‘Storm clouds’ on the horizon: AMP Capital

Though global growth is still coasting along comfortably, a few “storm clouds” hang over the outlook for the new financial year, says AMP Capital

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Aussie equities emerge a winner in June

Australian equities were the best-performing major asset class in the month of June with the financials and resources sector pulling most of the ...

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Macquarie turns off grandfathered commissions

Macquarie has announced it will switch off grandfathered commissions for financial advisers operating within Macquarie Private Wealth and Macquarie ...

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Magellan caps CEO pay at $7.5m

Magellan has capped the annual pay of its chief executive Hamish Douglass at $7.5 million. In a statement to the ASX, Magellan Financial Group ...

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Forget about FAANGs for income: Plato

Income investors should avoid highly concentrated areas such as FAANGs and seek to diversify instead, according to Plato Investment Management

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RBA maintains 1.5% cash rate in July

The Reserve Bank of Australia has kept the official cash rate ‘on hold’ at 1.5 per cent in its July monetary policy meeting. The RBA announced on ...

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