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ASIC files numerous cases against WestpacBY JAMIE WILLIAMSON | TUESDAY, 30 NOV 2021 8:01AM
In an unprecedented move, ASIC has commenced six civil penalty proceedings against Westpac for widespread compliance failures in its banking, wealth, superannuation and general insurance businesses.Read more: ASIC, Westpac, BT Funds Management, Magnitude, Securitor, BT Financial Advice, Peter King, Sarah Court
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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