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Investec fund in management buyoutBY KARREN VERGARA | MONDAY, 10 MAY 2021 12:25PM
Investec Australia has divested a portion of its $60 million emerging companies strategy to the fund's founder.Read more: Commencer Capital, Investec Australia, Alexander Corder, Alteris Financial Group, Ben Sebel, Cliff Rosenberg, Companies Australia Fund, David Phillips, Garry Hounsell, IEC Fund, Jeff Law, Metrics Credit Partners, Sean Holland, Shane Simon
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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