Industry responds to election outcomeBY ELIZABETH MCARTHUR | MONDAY, 20 MAY 2019 12:02PM
The financial services industry has welcomed the surprise Coalition victory, viewing the result as business as usual.
Read more: Australia, AIC, Coalition, Morrison Government, Howard, Labor Party, Eleanor Creagh, David Busoli, Australian Investment Council, Bill Shorten, China, Electoral, Federal, Prime Minister, Saxo Capital Markets Australian, SMSF Alliance
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AXA Investment Managers' head of Framlington Equities for Asia left the business at end of May, the manager confirmed.
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Superannuation is working effectively to support members of all ages, genders and income levels, new research from the Association of Superannuation Funds of Australia shows.
According to the new Value of an Adviser report by Russell Investments, financial advisers deliver value of at least 4.4% or more every year to their clients beyond investment-only advice.
A portfolio manager artificially inflated a fund's returns and collected a large bonus on the back of it, the US corporate regulator alleged.
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