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06 October 2022 • By Jon Bragg • 1 min read

Super fund outsourcing can ‘significantly impact’ member returns, says APRA

The prudential regulator has released insights from its thematic review into outsourcing arrangements within the superannuation industry

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Magellan’s FUM continues downward slide

The fund manager has suffered another month of institutional and retail outflows. Magellan Financial Group has reported another decline in funds ...

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ASIC sues Latitude over misleading ads

The corporate regulator is suing Latitude along with Harvey Norman over their promotion of interest-free payment methods. ASIC is taking legal ...

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MLC introduces first retail private equity fund

The new MLC Global Private Equity Fund will provide retail investors with concentrated exposure to global private equity investments. The MLC ...

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Australian house prices continue to fall

While the pace of decline has eased slightly, house prices across the country are down by almost 5 per cent from their peak earlier this year

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Loss-making property sales on the rise

Sydney and Melbourne have recorded the biggest increases in loss-making sales. New analysis released by CoreLogic suggests that 93.8 per cent of ...

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CBA defies market expectations, predicts 25-bp rate hike

The Commonwealth Bank is alone in predicting a 25-bp hike in October.  Economists at the Commonwealth Bank have maintained their forecast that the ...

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APRA removes big 4’s remaining $500m capital charge

The regulator is satisfied that CBA has addressed concerns over its governance, accountability and risk culture frameworks and practices

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1 in 10 investors trust finfluencers

The results of a new survey have been released. Though social media influencers — or “finfluencers” — remain a contentious topic in financial ...

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Chief economists increasingly expect a global recession

Most chief economists believe a recession is at least somewhat likely. Seven out of 10 chief economists believe a global recession is at least ...

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