| | THURSDAY, 26 MAR 2020 12:28PMThe Australian Stock Exchange has been forced to delay the replacement of its CHESS system.|
|Netwealth and HUB24 have kept interest rates on cash accounts at 0%, following the Reserve Bank of Australia's rate cut of 25bps on Thursday.|
|A listed diversified financial services company has awarded HUB24 a $1 billion mandate, as it moves away from its own wrap platform.|
|Financial services software provider Iress picked up a UK-based investment and pension research software provider boasting over 2000 clients.|
|Global financial services giant Citi Group is planning to boost the presence of its Sydney-based securities services team, as it onboards a suite of new custody clients.|
|Zenith Investment Partners has unveiled the latest major update to its flagship research portal Zenith Mosaic, allowing financial advisers to compare investment products side-by-side.|
|Taiping Trustees on Friday appointed voluntary administrators for Sargon Capital and two Trimantium companies, in what could eventually decide Sargon's fate.|
|Northern Trust has rocketed up the asset servicing performance tables, after adding almost 30% to its assets under custody in the second half of 2019.|
|Morningstar will acquire a Canadian financial planning and risk-profiling software firm, in a bid to expand its advice capabilities world-wide.|
|Allianz Retire+ is partnering with a goals-based advice technology outfit to offer advisers more certainty when building retiree portfolios with its Future Safe investment product.|
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
The $10 billion industry superannuation fund has issued a notice to members detailing changes to investment fees, admin fees, insurance premiums and investment objectives.
New research has revealed the 22 ASX 300 companies - many of which super funds have exposure to - that are polluters and haven't performed well this year.
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