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28 July 2014 • By Tim Stewart • 1 min read

Federal Court rules in default fund stoush

The Financial Services Council’s argument that the Fair Work Commission (FWC) 'expert panel' is currently invalid has been upheld, but the Federal ...

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Macquarie lacking 'competitive advantage'

The nature of Macquarie's products and its relationship with its clients are failing to provide the bank with any “sustainable competitive ...

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Legg Mason acquires global equities firm

Global asset manager Legg Mason has announced the acquisition of UK-based global equities firm Martin Currie. Legg Mason said Martin Currie will ...

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Australian Unity makes advice acquisition bid

Australian Unity’s financial planning arm has made an acquisition bid for Premium Wealth Management, seeking greater leverage in the accounting market

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ASIC consults on derivatives reporting

The corporate regulator is currently seeking industry feedback on whether it should implement its proposal to amend the derivative transaction rules ...

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AIA reports strong half-year results

AIA Group has puts its strong results for the first half of 2014 down to the attractive life insurance market in the Asia-Pacific. The company's ...

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Aus Ethical reaffirms China downgrade

Australian Ethical has reaffirmed its decision to downgrade its economic assessment of China following a recent research trip to the country

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MySuper 'attestation' to spur consolidation

Smaller superannuation funds may be under increased pressure to merge as the MySuper 'scale' test looms, says Kinetic Super's chief executive

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Default fund review a 'systemic risk': FSC

The current Fair Work Commission (FWC) process by which default superannuation funds are reviewed will cost consumers and employers $400 million, new ...

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Bendigo settles Great Southern class action

Bendigo  and Adelaide Bank has settled a class action brought against it by investors in managed investment scheme operator Great Southern

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