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| | | ... will do what the AMP board should have been doing - looking at breaking up AMP and collecting the bits," he said. "In my view, AMP has no role in the modern world where high-fee, low-performance products have been thoroughly disrupted." Sodhi said the ... |
| | | | ... superannuation funds. In the next five years, it wants non-super clients' revenue contribution to go up from current 15% to 30%. "Our view is Frontier came from a very much superannuation-only client base and since about 2014, prior to my joining even ... |
| | | | ... costs of external managers used by SJP," Credit Suisse said in a note. "With MFG's strong fund performance we do not view outflows from SJP as a key risk, however, any disruption to SJP could see the rate of growth slow marginally (ie less positive ... |
| | | | ... numbers, Financial Standard is proud to showcase excellence in advice and celebrate just how bright the future of advice is." To view the full FS Power50 list, click here. |
| | | | There are calls to stop financial advisers having to register for the Tax Practitioners Board (TPB) after a recent reshuffle of the board has seen the regulator without an advice representative. Writing for FS Advice, Lifespan Financial Planning chief ... |
| | | | ... lower for a digital-only bank. ARK estimates some digital wallets invest only US $20 to acquire each new customer. "In our view, the 77,000+ bank branches in the US represent an untenable commitment to acquire customers for roughly $1000 on average and ... |
| | | | With research showing the average cost for a Statement of Advice has increased 10% in 12 months, the Financial Planning Association of Australia (FPA) is warning of the detrimental impact ongoing reform is having on financial advisers and consumers. ... |
| | | | ClearView Wealth has announced the launch of a new subordinated notes issue to wholesale investors seeking to raise between $40-75 million. Clearview Wealth said the proceeds of the raise will be used for general corporate and capital management purposes. ... |
| | | | ... held before," he said. "Even so, this vehicle still has some strong pieces that provide reason for upholding a confident view in its prospects." Morningstar revised its methodology in November 2019 for its gold, silver, bronze, neutral or negative analyst ... |
| | | | The numbers may be better than market expectations but they still don't diminish the fact that Australia's labour market remains weak. The Australian Bureau of Statistics reported that the country's unemployment rate increased to 6.9% in ... |
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