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| | | ... "This is clearly a nod to the growth in the SMSF segment." A surprising outcome, however, was how under-represented the big four wealth management businesses are in the list of nominees. This suggests the impact of market consolidation and restructure ... |
| | | | ... are driving clients away from term deposits and forcing banks to come up with alternative strategies. As many as 36,000 big four bank clients have left their term deposits during the last year, the Roy Morgan Consumer Single Source survey found. However ... |
| | | | ... "The market is anticipating these measures, at least in the short term, to improve Europe's economy." At 1025 AEST, the big four banks had made solid gains. National Australia Bank had risen 26 cents to $33.49, Westpac was 18 cents higher to $34.38 ... |
| | | | ... but larger than Westpac, NAB, Macquarie and ANZ. It will also be sixth by number of advisers, right after AMP and the big four. "IOOF brings scale, management and marketing experience; it puts us in a better position to negotiate," Bedding said. Mergers ... |
| | | | ... Commonwealth Bank's (CBA) financial planning unit have not affected its clients' satisfaction, which is the highest of the big four banks. Clients rated their satisfaction with CBA advisers at 84.2% in the year to March 2014, a Roy Morgan survey revealed. ... |
| | | | ... Future of Financial Advice (FoFA) legislation are "necessary" to ensure consumer protection. Westpac is the first of the Big Four to have its say on the FoFA changes, which are A currently being examined by the Senate Economics Committee. "The proposed ... |
| | | | ... we can see no benefit to the public but clear advantage to an ever-tightening grip on financial intermediation by the big four banks and other large multi-product financial institutions," Neilson said. The Financial Planning Association (FPA) said it ... |
| | | | ... Friday night (AEST). "I expect to see pretty flat trade today. There aren't any major drivers in the market," he said. The big four banks were slightly higher, with ANZ up six cents at $34.14, the Commonwealth Bank three cents higher at $78.67, National ... |
| | | | ... Metals was five cents lower at $5.29. Gold miner Newcrest had gained 33 cents, or more than three per cent, to $10.58. The big four banks were relatively flat, with the Commonwealth Bank up two cents at $78.91, ANZ up two cents at $34.69, Westpac steady ... |
| | | | ... said it expected full year production to be around the top end of its guidance range at about 2.3 million ounces. The big four banks were higher, with the Commonwealth Bank up 56 cents at $78.59, ANZ 26 cents higher at $34.54, Westpac 25 cents better ... |
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