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AMP, BT and CBA to face class actionBY ELIZABETH MCARTHUR | FRIDAY, 31 JUL 2020 11:43AM
A new class action from Shine Lawyers alleges that more than half a million Australians were charged excessive insurance premiums by financial advisers aligned with AMP, BT and Commonwealth Bank.
Read more: AMPFP, CBA, Commonwealth Bank, Shine Lawyers, Hillross Financial Services, BT Super for Life Westpac Group, BT SuperWrap Essentials, AMP Financial Planning, AMP Life Limited, ASX, BT Panorama Super, BT Superannuation Invest Fund, BW Financial Advice, Charter Financial Planning, CommInsure, Commonwealth Financial Planning, Count Financial, Craig Allsopp, Federal Court, Financial Wisdom
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BNP Paribas Asset Management's investments chief for the Asia Pacific has retired after more than three decades of service.
J.P. Morgan has begun moving its Australian customers over to its global accounting system, which will give local clients access to additional services.
The masterfunds sector lost $38.4 billion over the 2019-20 financial year but has almost recovered the losses instigated by the global pandemic, the latest Plan For Life data show.
A boutique manager has launched its Bermuda-based fund to the Australian market, with underlying assets in US life insurance policies.
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