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Pahari to leave AMP amid demergerBY JAMIE WILLIAMSON | FRIDAY, 23 APR 2021 7:55AM
AMP has confirmed Boe Pahari will leave the business as it pursues a demerger of its Private Markets business, after plans to sell to Ares Management fell through.
Read more: Private Markets, AMP Limited, AMP Capital, Boe Pahari, AMP Australia, Ares Management, Alexis George, David Atkin, Francesco De Ferrari, Michael Sammells
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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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