The latest issue of Financial Standard now available as an e-newspaper
Super, ASIC beneficiaries of advice challenges: HearingBY JAMIE WILLIAMSON | FRIDAY, 30 JUL 2021 12:30PM
Yesterday's Standing Committee hearings on financial advice suggested the corporate regulator and industry superannuation funds are the only ones benefiting from increasing costs.
Read more: ASIC, Synchron, Andrew Leigh, APRA, Easton Investments, Jason Falinski, Michael Harrison, Nathan Jacobsen, Royal Commission, Tim Wilson
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Aware Super, AustralianSuper and Hostplus are set to appear before the Standing Committee on Economics' inquiry into common ownership on Monday.
ASIC is urging financial advisers to be well prepared for the new Design and Distribution Obligations regime, warning that there should be no surprises when it kicks into gear on October 5.
A long-serving Mercer superannuation executive has left the firm to focus on board directorships.
The online trading platform is set to pay $25 million for the big four bank's share investing client base as the latter continues to simplify its banking strategy.
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