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| | | ASIC will release regulatory guidance on best interest duty, scaled advice, conflicted remuneration and ASIC powers before July 1 2012, the regulator said today. The Australian Securities and Investments Commission (ASIC) has released its regulatory ... |
| | | | Decisions, decisions. Today's the first Tuesday of the month so it must be "what to do with interest rates" decision time for the Reserve Bank of Australia (RBA). The punting is finely balanced with, according to Bloomberg's polling, 13 out of 25 economists ... |
| | | | AMP has sold its General Insurance Distribution business to Suncorp, in a move that sees Suncorp secure the business for the long-term. The groups had previously been aligned in insurance, with Suncorp providing general insurance products to AMP through ... |
| | | | Maritime Super will launch a fixed term pension product from December 1 as part of its complete member strategy. The third product within Maritime Super's retirement suite, the fund said it wanted to address the needs of its pension members in longevity ... |
| | | | MySuper continues to generate hysteria among some superannuation industry commentators and it's time to remind ourselves what it is and, more importantly, what it is not. MySuper is the government's response within its StrongerSuper reform package to ... |
| | | | Financial advisers need to do more to switch Australians on to their insurance needs. That's according to Tim Browne, general manager, Retail Advice, CommInsure, who told advisers at Sydney's CommInsure roadshow that underinsurance is one of the biggest ... |
| | | | Obama in Australia may be providing us, Australians, a bit of a sideshow but for global financial markets, the game hasn't changed. It continues to be one that could be characterised as Europe pushed-US pulled. Europe pushed. Fears of a debt contagion ... |
| | | | Investors should stick with long-term asset allocation strategies to handle volatility despite dangers in overweighting or underweighting asset allocations, according to Mercer's Quarterly Market Valuation and Review. The Review discussed the impacts ... |
| | | | A couple looking to achieve a comfortable retirement will need to spend $55,316 a year, while those seeking a 'modest' retirement lifestyle need to spend $31,767 a year, according to new figures released today for the ASFA Retirement Standard. The updated ... |
| | | | Mid-sized financial planning firms will be "swallowed up" by opportunistic licensees as the rate of acquisition will rise while new forms of advice will reign, according to a research paper from CoreData. In its "Licensee of the Future" white paper ... |
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