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| | | S&P Dow Jones Indices' overdue rebalance of its Australian indices will see HUB24 and Pinnacle Investment Management kicked out of the ASX200 at the start of trading on June 22, amid nearly 200 changes. The index provider deferred its quarterly rebalance ... |
| | | | The OECD has urged the Australian government to extend stimulus measures and warned that a second wave of infections could derail our economy. In its latest economic outlook report pointed out that while economic activity collapsed in the second quarter ... |
| | | | The latest market update for financial services in Australia from Kaizen Recruitment contains some welcome good news, but times remain tough for business development managers. Kaizen recently surveyed over 50 financial services organisations regarding ... |
| | | | ... the time. Australian Catholic Superannuation and Retirement fund remains one of the worst offenders, making the five day limit 40.7% of the time and within 10 days 23% of the time. Other stragglers include Future Super, meeting the five day limit 51.7% ... |
| | | | Fortnum, Centrepoint, Easton Wealth, CountPlus, Fitzpatricks and Paragem have all criticised the Financial Planning Association of Australia's latest policy proposal. The FPA wants to see AFSLs only responsible for the oversight of product compliance ... |
| | | | ... far this year with 1.64% return at April end even though their fortunes reversed in April. Macro strategies were able to limit their losses to -1.58% at April end, significantly lower than hedge funds' over -5% YTD. |
| | | | Madison Financial Group is set to be owned by Clime Investment Management, after a share sale deed was signed yesterday, as first reported by Financial Standard early this morning. OneVue this morning said the sale includes Madison Financial Group ... |
| | | | The FSC has proposed a plan to democratise investment in domestic infrastructure development, making these projects accessible to every Australian with money in superannuation. The FSC said the proposed Australian Superannuation and Infrastructure Investment ... |
| | | | The much-anticipated sale of Madison Financial Group was finalised Tuesday evening, with the buyer paying $4.5 million to $5 million, Financial Standard understands. Clime Investment Management will be the new owner of Madison Financial Group, which ... |
| | | | A former chief executive of BT Financial Group has been named independent non-executive chair of MLC Wealth. Robert Coombe has been named to take on the role, effective 1 July 2020. NAB chair Philip Chronican said the appointment to the board of National ... |
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