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Market wrapBY AAP | WEDNESDAY, 22 OCT 2014 12:20PM
The Australian share market has opened 1% higher after Wall Street rallied on talk of broader monetary stimulus in Europe and good home sales figures.
Read more: Wall Street, Economics, AEDT, ANZ, BHP Billiton, Commonwealth Bank, Dow Jones Industrial Average, European Central Bank, Fortescue Metals, Juliana Roadley, Nasdaq, National Australia Bank, Rio Tinto, S&P 500, Santos, Telstra, Westpac, Woodside Petroleum
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The long serving chair of wealth management firm Morrows is being remembered for his larger-than-life personality and generous spirit following his sudden passing last week.
The superannuation and investing startup has crossed $1 billion in total assets, after more than doubling the number in the last year.
A financial advice industry association, which had been vocal in boycotting the FASEA exam and fighting to retain life commissions, has shuttered.
Former Mutual Trust and AIA Australia chief investment officer Graeme Bibby has joined a wealth management firm.
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