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05 September 2014 • By James Mitchell • 1 min read

ING Direct sells mortgage portfolio

Macquarie Bank has purchased ING Direct’s $1.5 billion portfolio of non-branded mortgages. InvestorDaily sister publication Mortgage Business has ...

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Bank-owned advice model 'at risk'

Tensions between the independent and institutionally-aligned financial planning sectors have reached fever pitch, with a new Investment Trends report ...

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Labor to launch new planning inquiry

Labor Senator Sam Dastyari will today launch a new inquiry into financial planning that will see continued parliamentary scrutiny of the big banks and ...

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Aussie super funds slip down global rankings

Australian super funds dropped six places on average in a ranking of the world’s 300 largest pension funds for 2013, following the weaker Australian ...

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FOFA reinforces bank dominance: Piper Alderman

The big four banks have "no incentive" to reduce their financial planning fees as a result of the FOFA reforms, argues commercial law firm Piper ...

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Super fund branding fails to register

The strength of super fund brands is uncorrelated with membership growth, with many of the fastest growing funds scoring lower on brand identity, ...

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Governance practices converging: AMP Capital

The increased globalisation of financial markets has seen a convergence in governance practices as companies adapt to compete for the same global pool ...

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Equititrust founder convicted and fined

The founder of collapsed mortgage fund manager Equititrust has been convicted and fined after failing to assist the liquidator appointed to his three ...

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Super guarantee frozen until 2021

The superannuation guarantee (SG) will remain frozen at 9.5 per cent until 2021/2022 as part of the government's successful repeal of the Minerals ...

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UniSuper argues against 'MyPension'

UniSuper has argued against the introduction of a compulsory 'one-size-fits-all' default retirement product akin to MySuper. In its second ...

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