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FSC proposes new advice modelBY KARREN VERGARA | MONDAY, 19 APR 2021 12:22PM
Eradicating the Statement of Advice and the safe harbour steps are two recommendations that will help reduce red tape and make financial advice more affordable, according to the Financial Services Council.
Read more: FSC, DDO, Financial Services Council, Rice Warner, Sally Loane
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Macquarie Securities Australia (MSA) has copped a $126,000 fine for breaching market integrity rules, making this its fifth infringement in the last six years.
IOOF has handed a $23 billion index investing mandate to a global investment manager following Vanguard's decision to stop managing passive strategies for other institutions.
Addressing the annual Conference of Major Superannuation Funds, the Prince of Wales has asked Australia's super funds to get involved in his Sustainable Markets Initiative.
Nearly seven in 10 Australians who dipped into their superannuation during COVID-19 are concerned the decision has made them less financially secure, according to a poll from the Australian Institute of Superannuation Trustees.
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