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De Ferrari unaware of legal actionBY ELIZA BAVIN | THURSDAY, 13 FEB 2020 11:35AM
AMP chief executive Francesco De Ferrari has said he is not aware of any impending legal action in relation to the group's financial advice business.Read more: Francesco De Ferrari, AMP Financial Planning, Family Enterprise Ombudsman, Kate Carnell, AMP Financial Planners Association, Charter Financial Planning, Corrs, Finance Sector Union, Financial Standard, Hillross Financial Planning, Neil Macdonald
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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