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Key Treasury initiatives outlinedBY JAMIE WILLIAMSON | TUESDAY, 11 MAY 2021 7:36PM
Buried deep within budget documents are several steps the government will take to further boost our financial system, including greater powers for regulators and $11.2 million to enhance super fund member outcomes.Read more: FMI, Kiwis, Reserve Bank of Australia, Super Consumers Australia, APRA, FASEA, Financial Market Infrastructures, Future, KiwiSaver, Small Business Ombudsman
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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