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CBA promoted Nguyen to keep him away from clientsBY LAURA MILLAN | THURSDAY, 10 APR 2014 12:15PM
The Senate inquiry into the performance of the Australian Securities and Investments Commission (ASIC) has heard that the Commonwealth Bank (CBA) promoted financial planner Don Nguyen, despite allegations of fraud.
Read more: CBA, Don Nguyen, Commonwealth Bank, ASIC, Australian Securities, David Cohen, Investments Commission, Senate inquiry, Annabel Spring, Australia, Berrill, CBA officials, Chatswood, Financial Planning, Labor Senator Mark Bishop, Marianne Perkovic, Maurice Blackburn Lawyers principal John Berrill
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Media Super is increasing its administration fees and insurance premiums, despite a pending merger with $60 billion industry fund Cbus.
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A newly created team, led by a former BlackRock regional executive, is boosting the international manager's presence in Australia as it launches its first pan-Asia strategy.
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The inclusion of superannuation administration fees in the Your Future, Your Super performance benchmark will not punish funds that reduced fees in recent years, according to minister for superannuation Jane Hume.
The ratings house has appointed a new chief executive, after it announced Charlie Haynes's impending departure last month.
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