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30 July, 2020 |
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Latest News |
Money Management Original | How super early access has staunched the SG rivers of gold | Data analysis around the Government’s hardship early release superannuation regime has revealed that the ‘rivers of gold’ inflows generated by the superannuation guarantee have been almost halved for some funds. |
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Money Management Original | ASIC flags class order relief on Govt class action changes | The law, as it stands, around financial services licensing and managed investment schemes was not designed or intended to handle class action litigation funding, according to the Australian Securities and Investments Commission. |
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Money Management Original | AMP reserves right to make political contributions | AMP Limited has declared it would not use AMP superannuation fund monies for political purposes but has reserved the right to do so separate from the interests of superannuation fund members. |
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Industry News | Gold ETF hits $2b | ETF Securities has announced that its gold ETF saw assets double in less than a year as prices hit new records. |
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Money Management Research | Rush to gold but not all asset managers convinced | Investors are still piling into gold as market volatility continues due to the COVID-19 pandemic but one asset manager says it is the riskiest asset class over the long-term. |
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Industry News | ASIC bans Tasmanian adviser for five years | David Horton was found to have given clients’ inappropriate advice to double gear their investments and did not consider their cashflow position or ability to cover margin calls. |
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Industry News | Westpac to bring back 1,000 jobs | The big four bank will bring back jobs to improve its operations and customer support in response to demand from the COVID-19 pandemic. |
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