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21 July 2017 • By Jessica Yun • 1 min read

Government announces review into open banking

The federal government has commissioned an independent review into the creation of an open banking framework in Australia. Treasurer Scott Morrison ...

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AMP Capital appoints non-executive directors

AMP Capital has announced it will appoint three new non-executive directors to its responsible entity (RE) and trustee boards. Former Suncorp ...

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Aura Group acquires advice dealer group

Singapore and Sydney-based wealth firm Aura Group has acquired financial advice licensee Australian Capital Financial Planning (ACFP). Under the ...

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CBA and Austrade sign Hong Kong MOU

CBA has signed a memorandum of understanding with Austrade to facilitate collaboration between Australian and Hong Kong fintech companies

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A-REITs lag global peers in second quarter

Australian real estate investment trusts (A-REITs) posted negative returns for the second quarter of 2017, which was at odds with the positive ...

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Tasplan and AIOFP finalise referral arrangement

Industry fund Tasplan and the Association of Independently Owned Financial Professionals have finalised the terms of a referral deal for financial ...

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Government must take a role in product design: Mercer

To address the long-term savings gap, stakeholders such as government and employers have a vital role to play in financial product design, according ...

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Consumer sector under a cloud: SSGA

Consumer-facing companies are facing the dual challenge of reduced consumer spending as well as increased competition, according to State Street ...

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Most activism ‘behind closed doors’: Bennelong

Much of the shareholder activism in Australia happens in private, according to Bennelong Australian Equity Partners – and the recent spike in activity ...

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VicSuper launches advice ‘coaching’ software

Industry fund VicSuper has added an online coaching feature to its financial advice suite as part of a member engagement campaign. The software, ...

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