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Advice associations welcome ASIC stanceBY HARRISON WORLEY | WEDNESDAY, 27 NOV 2019 11:51AM
Australia's peak financial planning bodies have welcomed ASIC's stance on the Financial Planners and Advisers code of ethics, however remain concerned about the workability of certain standards.
Read more: ASIC, Standard, AFA, FPA, FASEA, Phil Kewin, Association of Financial Advisers, Financial Planning Association of Australia, Financial advice, Dante De Gori
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The corporate watchdog's executive director of wealth management has nabbed a promotion and will now assume the role of ASIC's executive director of financial services.
New research has identified that urgent short-term need for money is the main driver for people withdrawing their superannuation savings under the COVID-19 ERS scheme.
Westpac has agreed to pay a civil penalty of $1.3 billion in relation to its contraventions of the anti-money laundering and counter terrorism laws.
Victorian Funds Management Corporation has welcomed a head of client and market development to its executive team.
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