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| | | "Workin' 9 to 5, what a way to make a livin' Barely gettin' by, it's all takin' and no givin'..." - Dolly Parton The Australian Bureau of Statistics' (ABS) latest update on the growth of wages among the country's workers ... |
| | | | Following its acquisition of a stake in Escala Partners, New York-based Focus Financial Partners is set to buy a slice of Melbourne-based MEDIQ Financial Services. Focus has entered a definitive agreement to partner with Ravi Agarwal's MEDIQ Financial ... |
| | | | With the coronavirus, now dubbed COVID-19, impacting not only many lives, but now also the bottom line of some of the world's biggest companies, investors are chasing shorting opportunities to bank big on the pandemic. According to the World Health ... |
| | | | ... already high payout ratios with less room for expansion," the report said. Janus Henderson co-manager of global equity income Ben Lofthouse said world's total dividends will continue to climb up in 2020. "For the year ahead, the market expects the global ... |
| | | | There is disconnect between what investors value from their advisers and what advisers believe investors value, leading to frustration and a breakdown in advisory relationships. That's according to the latest research coming out of Morningstar, which ... |
| | | | Bennelong Funds Management (BFM) has announced two senior appointments in its UK and Australian businesses, including naming the new chief executive of BennBridge. In the UK Doug Stewart has been named chief executive of BennBridge, in the newly-created ... |
| | | | Franklin Resources, trading as Franklin Templeton, has entered into a $6.7 billion agreement to acquire Legg Mason, creating a $2.24 trillion investment powerhouse. Under the agreement, which was unanimously approved by both boards, Franklin Templeton ... |
| | | | The average female member of Australia's largest superannuation fund will not be able to achieve a comfortable retirement even with a 12% superannuation guarantee, according to the fund's internal modelling. AustralianSuper calculated expected ... |
| | | | JP Morgan has appointed not one, but two co-heads to lead the firm's investment banking business down under. Jabe Jerram and Simon Ranson have been appointed as co-heads of JP Morgan's investment banking coverage. A JP Morgan spokesperson said the appointments ... |
| | | | AIA Australia, which now owns CommInsure Life, has announced that CommInsure Protection products will cease accepting new business from 31 March 2020. AIA said the move to streamline its retail advised life risk business is the next step in its integration ... |
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