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| | A task force between police, ACC and ASIC has closed in on an investment scam in QLD which has been coercing investments from consumers under a company name of West Trade or Atlas Lead Generation. A joint operation between the Queensland Police Service ... |
| | | 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 ... |
| | | Ascalon Capital Managers has furthered its presence in Asia, forming a partnership with a Hong Kong-based alternative manager, Athos Capital. Ascalon, a member of the BT Financial Group and a 100% subsidiary of Westpac Banking Corporation, said it was ... |
| | | Macquarie Life has launched a new online insurance application process for financial advisers and insurance brokers, adding to its Macquarie LifeConnect service. The new online service, WebConnect, will allow advisers and brokers to begin a client's ... |
| | | Advisers should consider their options before selling off their lower value clients, according to Russell Investments, with new alternatives to create a profitable relationship despite impending FOFA regulations. One predicted unexpected outcome of ... |
| | | Perpetual Limited is set to readjust its focus on the retail funds market, research and ratings houses through changes to its investment product distribution function in order to overcome past challenges in its distribution. Due to a company-wide review ... |
| | | Advance Asset Management has awarded a mandate for an undisclosed sum to Phoenix Portfolios, partly-owned by ASX-listed Cromwell Property Group, to manage its Advance Property Securities Multi-Blend Fund. Advance said it selected the manager for the ... |
| | | Australia's reinsurance industry is running low on job candidates, particularly analysts and actuaries, resulting in companies turning their focus offshore to other markets. While reinsurance employees are comparatively loyal to their firms, analyst ... |
| | | Newly-appointed chief executive of Count Financial, David Lane, is already planning new products and services for Count members with a keen eye on SMSF market access. Count Financial was officially acquired by the Commonwealth Bank of Australia (CBA) ... |
| | | One in three financial advisers will buy or receive a smart phone or tablet this Christmas according to a Zurich survey, which concluded that the gap between technology and financial advice is closing. The online survey, conducted by Zurich Financial ... |
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