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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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The $12 billion industry fund is upping insurance premiums from November.
A former Goldman Sachs executive will join Ord Minnett as head of equities in December.
In a win for financial advisers, the Design and Distribution Obligations (DDO) regime will scrap the nil-reporting rule.
ME Bank has appeared in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers.
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