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Market wrapBY AAP | WEDNESDAY, 23 JUL 2014 11:35AM
The Australian share market has opened higher, buoyed by gains on Wall Street and record production results from BHP Billiton.Read more: BHP Billiton, Wall Street, Economics, AEST, ANZ, CMC, Commonwealth, Dow Jones, Fortescue Metals, Michael McCarthy, NAB, Rio Tinto, Sims Metals, US, Westpac, Woodside Petroleum
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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