Intra-fund advice exemptions in doubtBY JAMES FERNYHOUGH | TUESDAY, 8 JUL 2014 1:00PM
Industry super funds could face stricter rules around block charging members for financial advice if the Senate blocks the amendments to the Future of Financial Advice (FoFA) reforms, Finance Minister Mathias Cormann has said.
Read more: Finance Minister Mathias Cormann, Senate, Financial Advice, Future, Financial Planning, Bill Shorten, Labor, Mr Palmer, PUP Senators
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UBS has appointed new co-country heads for Australasia, as Matthew Grounds announces his plans to retire from the firm.
Australia's high-net-worth population slumped in the rankings of a global wealth study as millionaires shifted their portfolio to cash amid share market uncertainty.
IMF Bentham and William Roberts Lawyers will bring a class action against MLC's super fund trustee NULIS Nominees relating to excess fees charged to members for adviser commissions.
SG Hiscock & Company has appointed a new investment specialist who will be responsible for fund distribution across New South Wales and Queensland and a new business development executive - both from Macquarie Group.
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