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| | | ... limited range of financial services relevant to SMSFs. The ASIC inquiry found that most of the accountants investigated were not providing unlicensed SMSF advice, and that mainly accountants simply had not updated the service lists on their websites ... |
| | | | ... clients' assets to cover administration and advice fees. The Commission found a number of AMP products on its platforms were not competitively priced much to the financial disadvantage of customers. ANZ, which was among the big banks and AMP to appear ... |
| | | | ... revision should have been provided to the market earlier on November 21. Sirtex denied it breached disclosure obligations by not communicating this information earlier, but said it would comply with the infringement notice and pay a $100,000 penalty ... |
| | | | ... retirement, ASFA said. ASFA chief executive Martin Fahy said it is important to take steps to close the gap, to ensure women are not condemned to experience poverty and even homelessness in retirement. Non-profit group Homelessness Australia has identified ... |
| | | | ... US delegates, led by Treasury Secretary Steven Mnuchin and China, headed by Vice Premier Liu He, in Beijing. At this point, not many expect a substantial breakthrough in the negotiations given its limited 2-day schedule and of course, the bull-headed ... |
| | | | ... Super will launch its new investment option later this month, one which targets a 20% allocation to renewable energy and does not invest in fossil fuels. Future Super co-founder Simon Sheikh said Future Super Growth (Renewables Plus) empowers Australians ... |
| | | | ... accounts whose details were included on the tapes and has acted on KPMG's recommendations to "ensure a similar incident does not happen again." CBA acting group executive retail banking services Angus Sullivan explained: "We take the protection of customer ... |
| | | | ... for the group. Walker & Andrews is a complementary fit for Robson Partners in the Central Coast region, as the former does not presently engage in financial planning services, Rowe said. "To compete and succeed, the company has indicated it will step ... |
| | | | NAB plans to exit the majority of its wealth management operations, including divestment of Australia's largest retail MySuper product. While the bank will continue to service high-net-worth clients via JBWere, it is shedding the rest of its wealth ... |
| | | | ... market crises. SQM Research head of research Robert da Silva says behavioural insights over the past decade show people do not always act rationally in times of market crises and make decisions which "are not necessarily in their best interests." His ... |
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