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Broken advice industry shuns everyday Aussies: AFABY KARREN VERGARA, ANNABELLE DICKSON | THURSDAY, 29 JUL 2021 12:38PM
The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning.
Read more: ASIC, AFA, Royal Commission, Dante De Gori, Financial Planning Association of Australia, Michael Nowak, Sam Perera, Tax Practitioners Board, Tim Wilson
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Find out why 44% of advisers are using managed accounts
ASIC issued a stern warning to employers and their superannuation fund provider about influencing employees' choice of super funds.
UBS Asset Management appointed BlackRock's chief operating officer as country head for Australia and New Zealand.
The chief investment officer of Ellerston Capital has been appointed a director of a $40 billion superannuation manager.
SMSF technology provider Class has agreed to be acquired by HUB24 via a scheme of arrangement.
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