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Raiz cuts AET amid Sargon sagaBY ALLY SELBY | MONDAY, 2 MAR 2020 12:39PM
The board of investment platform Raiz has replaced Australian Executors Trustees (AET) as its independent custodian, in what comes as the latest development in the Sargon saga.Read more: Sargon, AET, Australian Executors Trustees, OneVue, Taiping Trustees, CCSL, Diversa Trustees, IOOF, Madison Financial Group, Raiz Invest, Sequoia, Westpac
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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