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| | | AMP Capital is set to relaunch a $760 million unlisted retail direct property fund previously withdrawn under AXA Australia management, complete with a new strategy and asset sale. The Wholesale Australian Property Fund (WAPF) has operated for 27 years ... |
| | | | With women predicted to live to the average age of 95, Susan Ryan AO, Age Discrimination Commissioner spoke with super funds yesterday about the role they can play to protect ageing Australians. Speaking at Women in Super event, Ryan said superannuation ... |
| | | | Former BT Financial Group chief executive, Ian Martin, has taken on the top board role at Argo Investments after chairman Chris Harris continues plans to retired on February 29. Chair for 14 years, Harris and non-executive director, Marina Darling ... |
| | | | The proposed level of involvement by the Australian Prudential Regulation Authority in commercial arrangements between super funds and employers under the new draft MySuper Bill is unnecessary and inefficient, according to retail bodies. Submissions ... |
| | | | Geoff Lloyd has been appointed new chief executive officer and managing director of Perpetual Limited following Chris Ryan's exit over the weekend. Lloyd has overseen the restructure of the organisation's retail distribution arm since joining Perpetual ... |
| | | | Assistant Treasurer Bill Shorten has confirmed FOFA legislation won't be debated by MPs until after the Parliamentary Joint Committee has delivered its report and recommendations on the bill. Opposition spokesman on Financial Services Mathias Cormann ... |
| | | | Financial planners are acting more like investment advisers and product sellers instead of strategists as a result of rising requirement pressures, according to one adviser group managing director. Financial planners may be losing sight of their roles ... |
| | | | Adviser numbers are set to remain steady post FOFA, with average adviser income expected to rise to $260,000 per year by 2026, according to the latest research from Rice Warner. The report, commissioned by the Industry Super Network, is the updated ... |
| | | | ASIC has warned of the rising number of 'boiler room' investment scams after obtaining Supreme Court orders against one financial planning firm accused of defrauding 36 investors in excess of $350,000. Unlicensed financial planning business, Golden ... |
| | | | Allocation to term deposits from financial planners more than doubled over 12 months to November 2011, according to wealth researcher Investment Trends. Planners invested 28% of client inflows in cash and term deposits in the 12 months to November 2011 ... |
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