ANZ remediation costs break $1 billionBY ELIZA BAVIN | TUESDAY, 8 OCT 2019 11:29AM
ANZ has announced its second half 2019 cash profit will suffer a $559 million charge as a result of additional customer remediation.
Read more: ANZ, Michelle Jablko, NAB, Royal Commission
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The managing director of an AMP-aligned dealer group is exiting the business to take on a new role.
BT Financial Group has shut down a $670 million global property fund and a $293 million Asian shares fund, as it sees them unsuitable for retail investors.
Perpetual has confirmed the appointment of a head of risk, promoting from within to fill the newly created role.
A $5.6 billion industry superannuation fund is revamping its MySuper option, which will see default members' exposure to growth assets and fees rise.
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