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| | | NAB's acquisition of Aviva, double digit insurance premiums growth and improved investment markets have helped MLC and NAB Wealth become key contributors to the bank's $4.2 billion net profit this year. NAB announced this morning a 19.3 per cent increase ... |
| | | | Industry fund HOSTPLUS has launched a new advertising campaign to attract more members to its fund. The campaign will include a series of three television commercials (TVCs), the first of which went to air this week. The ads will focus on an emotional ... |
| | | | The Association of Financial Advisers (AFA) is calling on its members and supporters to raise $500,000 by the end of the conference to fund a campaign designed to highlight the benefits of good financial advice. Ron Lambert, a financial adviser and ... |
| | | | The fight over commissions on investment products and superannuation is over. Advisers must stop debating over them and switch their focus to influencing their future. Opening the 2010 AFA annual conference in front of a packed auditorium with almost ... |
| | | | AMP, AXA and Colonial First State planners channel the most sales into their parent firms' superannuation products out of six major planning groups, new research shows. According to new figures from Roy Morgan, which researched nearly 5,700 super products ... |
| | | | AMP takes the driver's seat on education by launching a new Diploma of Financial Services course. Offered through AMP Horizons Academy from January 2011, the new qualification level will boost AMP's training capability while offering education for those ... |
| | | | Trust is fundamental to the advice relationship - but planners need to ask themselves why they rank so low on the ethics and honesty scale among Australians who don't seek advice, said the AFA. Jim Taggart, national president of the Association of Financial ... |
| | | | The ACTU has called on industry funds to keep lowering their fees or risk losing one of their key competitive advantages over retail funds. Tim Lyons, assistant secretary of the Australian Council of Trade Unions said one of the top challenges facing ... |
| | | | The Australian share market was lower at noon, dragged down by major banks on concerns about foreclosures for US financial companies. At 1200 AEDT, the benchmark S&P/ASX200 index was down 20.5 points, or 0.44 per cent, at 4,668.5 while the broader All ... |
| | | | The Australian Institute of Superannuation Trustees (AIST) has renewed calls for alternatives to the existing asset-based and performance-based fee models. The AIST research published last month recommends a hybrid fixed dollar fee/performance fee model ... |
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