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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
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The $12 billion industry fund is upping insurance premiums from November.
A former Goldman Sachs executive will join Ord Minnett as head of equities in December.
In a win for financial advisers, the Design and Distribution Obligations (DDO) regime will scrap the nil-reporting rule.
ME Bank has appeared in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers.
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