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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
The $67 billion super fund for the building and construction industries will launch new investment options as it remains focussed on growing to $150 billion.
PineBridge Investments appointed a head of wealth management for the Asia region in a newly created role.
Asset managers and superannuation funds will ramp up their digital advice offerings in 2022 as the reality of financial advisers exiting sets in.
Pendal Group has endured a disappointing quarter, with $5 billion in outflows from UK institutional clients.
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