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Remediation services profiting from Royal Commission failuresBY ELIZABETH MCARTHUR | THURSDAY, 11 MAR 2021 12:23PM
Services are popping up to assist consumers in getting refunds for fee for no service financial advice, junk insurance and other misconduct exposed by the Royal Commission - but they are doing it for a fee.
Read more: AFCA, Remediator, ASIC, Banking Royal Commission, Certainty Advice Group, Claudia Virgona, Jim Stackpool, Justice Kenneth Hayne, National Debt Helpline
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A new Sydney dealer group focused on Muslim clients is looking to hire up to 50 financial advisers in the next 12 months, as it nabs MSC Group's chief operating officer to lead the business.
Pengana Capital has appointed a US-based fund manager to its global equities assets, after Jordan Cvetanovski and Steven Glass's surprise walkout in March.
The exchange traded fund provider has established its first office in Auckland, New Zealand and has appointed a director to manage its adviser and institutional business across the ditch.
ASIC has confirmed it will not be recommending changing the label of 'general advice', after independent research commissioned by the regulator found such a move is unlikely to prevent consumer confusion.
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