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Lowe hands down RBA board shake up

BY CASSANDRA BALDINI | THURSDAY, 13 JUL 2023 12:39PM

Reserve Bank of Australia (RBA) governor Philip Lowe has announced significant changes that will be implemented by the central bank in response to the recent review of its processes.

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Equity Trustees super exit sparks Hejaz Islamic Super and Pension closure

KARREN VERGARA | 12:35PM

Hejaz's Islamic Super and Pension products will be terminated as a fallout from Equity Trustees ditching the superannuation trustee business.

Sequoia revokes dividends, chief financial officer exits

RIDDHIMA TALWANI | 12:00PM

Sequoia will not pay any dividends in the financial year, revoking interim dividend it had announced earlier in the year of one cent per share, as an adviser exodus puts pressure on its revenue.

Acclaim Wealth names chief executive

MATTHEW WAI | 11:47AM

The Brisbane-based wealth and superannuation business has appointed a new chief executive, as former boss Terry Constable landed a new role at Infocus after almost three years at the helm.

Global X cuts fees on gold ETF

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