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More advisers exit in JuneBY KARREN VERGARA | MONDAY, 5 JUL 2021 12:36PM
Some 450 financial advisers left the industry in the last month of the financial year, taking the total population to 19,544, latest ASIC data shows.Read more: IOOF, MLC, AMP Financial Planning, Apogee Financial Planning, Bridges Financial Services, Capstone Financial Planning, Charter Financial Planning, Consultum Financial Planning, GWM Adviser Services, Interprac Financial Planning, Lifespan Financial Planning, Lonsdale, Meritum Financial Group, Morgans Financial, RI Advice, Shadforth Financial Group, SMSF Advisers Network, Synchronised Business Services, TenFifty
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms.
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so.
Fresh proposals from the Australian Law Reform Commission aim to simplify several complex areas of financial advice legislation.
The last sitting day for parliament this year has come and gone without progressing legislation designed to make sure those earning less than $450 a month are paid super.
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