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Westpac tops fee-for-no-service misconductBY KARREN VERGARA | THURSDAY, 5 AUG 2021 12:32PM
Westpac tops the charts for fee-for-no-service misconduct at $578.4 million, according to the corporate regulator.Read more: Westpac, ANZ, NAB, CBA, Commonwealth Bank, Financial Services Partners, IOOF Holdings, Macquarie, Millennium3 Financial Services, RI Advice
Life insurers will take on more risks and shun safe-haven assets in a bid to bump up returns in 2022.
AMP has appointed a new head of portfolio management for its troubled multi-asset group (MAG), hiring from Pendal.
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits.
American Century has launched a global small-cap fund targeting Australian wholesale investors.
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