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|... which were preparing for retirement. In doing so, he advised them to invest in complex structured products called Macquarie Flexi 100 Trust and Instreet Masti 36 and 38 without taking their goals and risk tolerance into account. Doyle received upfront ...|
|Macquarie Specialist Investors has opened its Macquarie Flexi 100 Trust (Flexi) for investment for the fourteenth time. Flexi allows investors to borrow 100% of their investment amount to gain 100% principal protected exposure to "a range of domestic ...|
|Macquarie creates a new business team called Macquarie Specialist Investments, which will look after a suite of products under one roof including longevity solutions, investment lending and structured investments. According to a press statement, MSI ...|
Schroders has hired from RBC to appoint a head of private debt for Australia, as it builds out a private assets offering for local investors.
The administrator appointed to embattled investment group iProsperity, Cor Cordis, has released a damning creditors' report which includes accusations of Ponzi scheme style payments.
Reserve Bank of Australia governor Philip Lowe said the legislated increase to the superannuation guarantee will impact wage growth and the government will need to weigh up the impacts of that.
National Australia Bank has reported a 7% fall in cash earnings to $1.55 billion for the third quarter, as the bank confirms it is still "actively exploring" options for the sale of its wealth management business.
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