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Market wrapBY AAP | WEDNESDAY, 15 APR 2015 12:40PM
The Australian share market is trading lower, weighed down by weakness in the big banks.Read more: AEST, Mark Lennox, National Australia Bank, ANZ, BHP Billiton, China, Chinese GDP, Commonwealth Bank, East West Link road tunnel project, Economics, Fortescue Metals, HC Securities, Lease, March quarter, Reserve Bank, Rio Tinto, Santos, 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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