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Advisers flock to non-insto licenseesBY ALEX BURKE | SUNDAY, 1 OCT 2017 12:55PM
The total number of registered financial advisers increased by 10% in the 12 months to March 2017, and non-institutionally-aligned dealer groups captured more than 70% of this growth, according to Rainmaker research.Read more: Rainmaker, Synchron, Akambo, AMP Financial Planning, Capstone, Charter Financial Planning, Commonwealth Financial Planning, Count Financial, Dover Financial, Easton Investments, GPS Wealth, GWM Adviser Services, Hunter Green, Interprac, Merit Wealth, Morgans Financial, NAB, Politis, SMSF Advisers Network, Unison Wealth Management, Westpac
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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