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26 February, 2021 |
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Latest News |
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Money Management Research | BNPL firms show growth but still no profit | Neither Afterpay or Zip posted a profit during the first half of FY21 but US and UK expansion shows the potential for growth for funds holding those stocks. |
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Industry News | ERFs to be proactively reunited with members | To reduce the number of duplicate superannuation accounts and to reunite members with lost super the Government has passed a law requiring Eligible Rollover Funds to be reunited with the member’s super account. |
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Sponsored Content | Does a sustainable approach improve investment outcomes? | The research on ESG and sustainable returns is investing in the approach does not sacrifice returns, or cost the investor more, and may enhance both risk and return. What has been the experience at Ausbil? |
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Industry News | Bravura reports H1 decline | However, the wealth management software provider says this is in line with earnings guidance that has been impacted by the COVID-19 pandemic. |
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Industry News | ASIC pursues NAB in Federal Court over fees | The Australian Securities and Investments Commission is pursuing National Australia Bank in the Federal Court over 195,305 instances of incorrectly charging fees and being slow to fix its mistakes. |
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Industry News | PIMCO appoints global head of product strategy | Currently head of Asia Pacific, Kimberly Stafford, has been appointed to the role, along with several other changes in key leadership roles for the fixed income manager. |
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Industry News | Link aims to float off PEXA | Link’s property settlements business PEXA is set to be taken to a public offering as the big superannuation administrator reshapes its business. |
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Outsiders |
Money Management Original | Dear Jane, it’s a different tune but the same hymn sheet | Outsider has been hoping beyond hope that “Persevering Jane”, the Minister for Superannuation, Financial Services and the Digital Economy, Senator Jane Hume, was speaking tongue in cheek when she told the recent Association of Superannuation Funds of Australia conference that she was receiving good news from super fund boards and executives which did not line up with the bad news from industry organisations. |
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Money Management Original | Heroes come and heroes go but advisers soldier on | Financial planners are more often kicked than heaped with bouquets in the Federal Parliament and so when politicians come along prepared to listen to financial planners and challenge the positions and decisions of the Australian Securities and Investments Commission then they are much to be treasured. |
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Money Management Original | Manfully facing up to the impending absence of Facebook | It will surprise no one that Outsider is not “on” Facebook. He is definitely on what most would know as “Wrinkly Facebook” aka LinkedIn, but he has never thought that Facebook was the right forum for a gentleman of his stature. |
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