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Profit boost for CBA, ups remediation billBY KARREN VERGARA | WEDNESDAY, 11 AUG 2021 12:22PM
Despite reporting a $1.4 billion profit boost, Commonwealth Bank's legacy financial advice business and legal troubles continue to eat away at the bottom line.
Read more: Commonwealth Bank, Colonial First State Investments, CommInsure, Commonwealth Financial Planning, Financial Wisdom, Matt Comyn, Peter Gardner, Plato Investment Management
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Find out why 44% of advisers are using managed accounts
Natixis Investment Managers hired an institutional sales director who spent nearly a decade at First Sentier Investors.
The newly merged LGIAsuper and Energy Super have scrapped a weekly administration fee and will retain an annual fee as a result of scale benefits.
Fidelity International launched a climate investing policy with a rating scheme in a bid to halve its carbon emissions by 2030.
The House of Representatives Standing Committee on Tax and Revenue has recommended that the Australian Tax Office develop a Bill of Rights' for taxpayers.
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