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Market wrapBY AAP | TUESDAY, 8 JUL 2014 1:00PM
The Australian stock market is slightly lower despite a boost in business sentiment.
Read more: National Australia Bank, Tuesday, Economics, Altona, ANZ, ANZ/Roy Morgan, BHP Billiton, Brewery boss Ross Sudano, CMC Markets analyst Michael McCarthy, Commonwealth Bank, Dow Jones Industrial Average, Fortescue Metals, June, Mr McCarthy, Newcrest, Reject Shop, Resources stocks, Rio Tinto, Wall Street, Westpac, Woodside Petroleum
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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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