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Macquarie continues funds management reign: WTWBY KERRIE SYDEE | MONDAY, 7 NOV 2016 12:18PM
Macquarie has maintained its position as Australia's biggest funds manager, with Australia represented by 19 investment managers in the latest Pension & Investments/Willis Towers Watson World 500 report, down from 20 in the previous year.Read more: US, Macquarie, Charter Hall, Commonwealth Bank of Australia, BT Investment Management, China, Colonial First State, Investments/Willis Towers Watson World, Pension, UK, Westpac
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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