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Market Wrap PMBY AAP | WEDNESDAY, 18 FEB 2015 12:15PM
The stock market is flat after giving back early gains made by the big banks.Read more: Mr Spooner, Westpac, ANZ, BHP, CBA, China, CMC Markets chief analyst Ric Spooner, Commonwealth Bank, Economics, Fortescue Metals, Health Care, Holdings, Japan Post, Leighton, Market Wrap PM, NAB, National Australia Bank, Qantas executive Peter Gregg, Reject Shop, Rio Tinto, Seven West Media, Wall Street, 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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