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FSC appoints four to boardBY ALLY SELBY | MONDAY, 20 JUL 2020 12:11PM
The Financial Services Council has appointed four new board members, and announced the establishment of a fund management committee to drive strategic policy direction in the Australian funds management landscape.Read more: Financial Services Council, Andrew Landman, Bryce Doherty, Elizabeth Hastilow, Geoff Lloyd, Jen Driscoll, Alex Wade, Andrew Tobin, Brett Clark, Brett Jollie, Chris Durack, Damien Mu, David Bryant, Frank Kolimago, Garry Mulcahy, James MacNevin, Jodie Hampshire, John McMurdo, Justin Cowper, Kathy Vincent, Matthew Drennan, Matthew Harrison, Nick Fels, Nick Hamilton, Paul Rohan, Rachel Farrel, Richard Brandweiner
AIA Australia's newly launched advice business has named a chief executive to lead its efforts, as the life insurer brings some Commonwealth Financial Planning advisers into the fold.
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years.
The Australian Financial Complaints Authority (AFCA) has made changes to its procedures to weed out complaints where the consumer didn't really suffer any financial harm.
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