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| | | ... products. This was closely followed by Germany (79%). On average, about one quarter (23%) of respondents from each of the six regions surveyed said a lack of understanding was a reason for not investing. Fear of volatility (22%) was next on the list. ... |
| | | | ... licensing regime in a June submission to the education standards body. "I always remember coming down to Australia five or six years ago when the FoFA legislation was new and talking to ASIC at that time about regulation and credentialing," he said. ... |
| | | | ... sector superannuation schemes, insurers and endowment funds. Last month, Funds SA put its custody contract to tender, inviting six custodians J.P. Morgan, NAB, Northern Trust, RBC, State Street, BNP Paribas and Citi in a process advised by Mercer Sentinel. ... |
| | | | ... service arrangements on a biennial basis. CBA said it has now spent about $580 million improving its advice business in the last six years, including $270 million in remediation for poor advice and wrongfully charged fees. |
| | | | ... worldwide," McDonald said. In his most recent role, Sturkenboom was a senior investment strategist at Russell Investments for six years, based in London and then New York. "In that capacity he was directly responsible for the house view on EMEA including ... |
| | | | AMP has defended its practice of charging premiums to dead life insurance customers in a submission to the financial services Royal Commission. The wealth manager continued to deduct life insurance premiums from a deceased customer, even after AMP has ... |
| | | | Aussie millennials are reluctant to consolidate their superannuation or take on risk while investing after six months of Royal Commission revelations, according to new research. Micro-investing platform Raiz Invest found that nearly 58% millennials ... |
| | | | The chief executive of Freedom Insurance Group has left the company effective immediately and more than half of its workforce is being made redundant. Chief executive Keith Cohen, who has been at the helm for nearly nine years, will be replaced by chief ... |
| | | | ... first AIC seminar suggested that women were a rare commodity," Collins said. "This has changed significantly over the last six years, and so has the experience of the board. Many more of us come from a marketing or PR background, and I feel that adds ... |
| | | | ... different managers. To capitalise on the success, BTFG will launch an additional 30 managed account portfolios over the next six months via its Managed Portfolios and Tailored Portfolio arrangements. Further, just last month it launched an external responsible ... |
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