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04 November 2013 • By • 1 min read

Mercer gains MySuper approval

Mercer has received regulatory approval from the Australian Prudential Regulatory Authority (APRA) to offer its MySuper product. The MySuper ...

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Inflation to hit yield-seeking investors

Financial product providers and advisers have a responsibility to educate investors about the risk inflation poses to their portfolios, according to ...

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ASIC calls for stronger enforcement powers

The corporate regulator has called for greater search warrant powers and a wider range of penalties in its major submission to the Senate inquiry into ...

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ANZ offloads Super Concepts

ANZ has sold its self-managed superannuation fund (SMSF) administration business Super Concepts to 49 per cent AMP-owned SuperIQ. As part of the ...

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Perpetual projects $45M 6-month profit

Perpetual expects its underlying profit after tax for the first half of the 2014 financial year to be in the range of $45 million to $50 million, ...

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NAB profit up 34 per cent

NAB has posted a $5.45 billion profit for the year to September 2013 despite a slight drop in NAB Wealth's profitability and losses in the troubled UK ...

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BTIM targets offshore expansion

BT Investment Management (BTIM) has revealed its plans to launch three new funds offshore, as it announces a statutory net profit after tax of $51

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Bull market calls premature

Investors should be remaining cautious over calls of a 'bull market', with many factors missing in the domestic market, according to Australian ...

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ASIC launches defence to Senate inquiry

The corporate regulator has released its major 200-page submission to the Senate inquiry into the performance of the Australian Securities and ...

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Revenue up in ASIC annual report

The Australian Securities and Investments Commission (ASIC) raised $717 million in fees and fines in the 2012/2013 financial year, up eight per cent ...

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