ASIC staff to investigate institutions from the insideBY JAMIE WILLIAMSON | TUESDAY, 7 AUG 2018 12:38PM The corporate regulator will be gifted enhanced enforcement powers via funding from the Federal Government, a sizeable chunk of which will be used to embed staff within the big four banks and AMP.
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Adviser numbers plateau
|The number of financial advisers in Australia appears to be stabilising at 15,602, as Count and AMP Financial Planning continue to hold the lion's share.
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|Praemium reported total net outfows from its Powerwrap scheme has reached $700 million over the past three quarters.
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|Forager's chief investment officer has read the riot act to investors.
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|Blumenthal is also banned from managing corporations for five years.
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