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Grandfathered commissions ban passesBY ELIZABETH MCARTHUR | TUESDAY, 15 OCT 2019 12:18PM
The legislation that will end grandfathered commissions has passed both houses of federal parliament. Under the reforms, the benefit of any conflicted remuneration payable under a contract must be passed on to the client.
Read more: FSC, Royal Commission, Adviser Regulatory Fund, Financial Advisers, Financial Services Council, John Ardino, Lifespan Financial Planning, Phil Anderson, Sally Loane, Treasury Laws Amendment Ending Grandfathered Conflicted Remuneration Bill
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8 reasons to hold high grade bonds today
Allowing more members in SMSFs is unlikely to spur their establishment rates, according to a submission by University of Sydney's Susan Thorp.
One of Japan's largest providers of shareholder services has admitted to a major operational blunder, after it failed to count 3.4 million postal votes for nearly 1000 companies ahead of their annual general meetings.
BetaShares' Nasdaq 100 ETF exceeded $1 billion in assets under management at the end of August, a net increase of more than $500 million since the outset of the year.
Robeco announced it will now exclude investments in thermal coal, oil sands and Arctic drilling from all its mutual funds.
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