The latest issue of Financial Standard now available as an e-newspaper
|Bitcoin increased its market cap by $55 billion after Chinese President Xi Jinping said China must "seize the opportunity" for blockchain technology.|
|Wealth manager IOOF has announced it's delving into the world of apps, partnering with Moneysoft.|
|Recreo has launched its long-awaited cloud-based superannuation and investment administration platform, developed in partnership with Mine Super.|
|The Hong Kong Stock Exchange has dropped its $56 billion bid for the London Stock Exchange, saying the decision was in the interest of shareholders.|
|Bravura has penned a new deal with a leading Australian fund administration outsourcer.|
|About 16 ASX-listed managed funds using internal market making were affected by a glitch in calculating their iNAV yesterday, Financial Standard understands.|
|Northern Trust has become a member of Australia's High Value Clearing System (HVCS), which clears big-ticket payments averaging $2.5 million for a total of $100 billion every day.|
|AMP has launched a new fee calculator allowing financial advisers and clients to produce fee calculations for its MyNorth wrap platform.|
|The banks are facing big problems, according to Catherine Wood, chief executive of ARK Invest.|
|Financial advice software providers FinPal and MiiiA have announced plans to merge their technologies and services before rebranding as Fin365.|
Early Release of Super payments surged around $7 billion in the first week of July, according to Treasury estimates, but this may not be a reason to panic.
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Funds from IOOF, Vanguard and Fiducian figure among the top-five performers among wholesale funds, in the latest Rainmaker Information tables to May end.
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Pengana Capital's national sales manager for private banking and wealth has left the firm after more than five years, setting his eyes on a new life in sunny Queensland.
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In a new paper from Actuaries Institute, Anthony Asher argues financial advice can be made cheaper if the Australian Taxation Office (ATO) provides some of the data necessary for good advice.
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