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| | | ... providers." This week, CFA Societies Australia is also focusing on raising awareness of effectively dealing with the issue of mis-selling by advisers. "We will be highlighting the rights of investors to be informed of any existing or potential conflicts ... |
| | | | The Australian market is set to open lower after Wall Street dropped on concerns about the US tech sector and disappointing earnings from insurance giant AIG. At 0700 AEST on Wednesday, the June share price index futures contract was down 25 points ... |
| | | | Citi has replaced JP Morgan as custodian to Norges Bank Investment Management (NBIM), the body that manages Norway's $850 billion Government Pension Fund Global. Colloquially known as 'the Oil Fund', according to Towers Watson it is the second largest ... |
| | | | A review of NAB Wealth's Navigator platform has revealed that the bank made a mistake when calculating compensation to 43,000 clients in 2012. NAB Wealth expects the compensation to be less than $200,000, which adds to the $1.9 million that the bank ... |
| | | | The financial services industry has asked the government to take a long-term, comprehensive approach to any changes to the Age Pension and to the superannuation preservation age, following the release of the National Commission of Audit report. The ... |
| | | | The growth of directly distributed financial products has pushed a Joint Forum of the International Organisation of Securities Organisations (IOSCO) to call for improved global regulation and disclosure standards for products sold this way. In Australia ... |
| | | | Virgin Money Australia has been forced to pay $30,600 in penalties after some of its advertisements fell foul of the regulator. The Australian Securities and Investments Commission (ASIC) issued three infringement notices for misleading online and television ... |
| | | | Who me? Worry, because... May is nigh? Looking at last night's trading action on Wall Street, Wall Streeters appear to be fear missing out (on more gains) more than they do that of the prospect of the "sell in May" crowd, going away in May. Just look ... |
| | | | Superannuation industry bodies have responded to the Grattan Institute's report on super fees, arguing that fundamental change is not necessary. Tom Garcia, chief executive of the Australian Institute of Superannuation Trustees (AIST), said that the ... |
| | | | With the deadline now closed for submissions to the Financial System Inquiry, the first investigation into the sector in 16 years, Financial Standard investigates the big themes, the surprises and what has been missed amongst the more than 250 publicly ... |
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