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| | | The approved product lists AMP financial advisers are beholden to have come under fire from the House of Representatives Standing Committee on Economics. Labor MP Andrew Leigh questioned AMP chief executive Francesco De Ferrari on how the institution ... |
| | | | Just 37% of retail investors believe their financial adviser always acts in their best interests, leading CFA Societies Australia to call for a strengthening of the best interest duty. A global investor survey, conducted at the back end of last year ... |
| | | | The sovereign wealth fund has named an acting chief investment officer, after Raphael Arndt moved to the chief executive role following David Neal's departure to IFM Investors. Sue Brake will start in the role on July 1, as Future Fund starts a ... |
| | | | Commonwealth Bank will donate more than $2 million to community organisations across the country, with the bank's employees nominating local community charities desperate for a financial boost. It's a first in the program's 100-year history, with CBA ... |
| | | | A disgraced American lobbyist, businessman and movie producer, who was played by actor Kevin Spacey in a movie about his life, has been charged over his role in a fraudulent bitcoin scheme. Jack Abramoff, who in 2006 was sentenced to six years in federal ... |
| | | | Mark Landau and Raphael Lamm's boutique has hired a new head of distribution. Chris Clayton joined L1 Capital in the newly-created role last month and is responsible for managing business development, marketing and client services. Clayton was most ... |
| | | | The First Nations Foundation, an Indigenous-led not-for-profit that promotes financial literacy, has received funding to deliver COVID-19 support to women. The foundation was one of only four recipients of this funding from the Department of Prime Minister ... |
| | | | ASIC is taking Commonwealth Bank and its wealth arm, Colonial First State, to task over $22 million in conflicted remuneration issues which it alleges ran up until June 30 last year. The corporate regulator has sued CBA, and the investment arm of its ... |
| | | | FIIG Securities has called on the government to impose structural changes to the Australian taxation system to see fixed income fairly promoted across all investor groups. In its submission to the Standing Committee on Tax and Revenue, FIIG said there ... |
| | | | HUB24 is developing a new tech capability, which it says will identify compliance issues before they happen. The specialist platform is currently working with five licensees to build the tool, including its subsidiary Paragem, which will use machine ... |
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