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| | | Victorian financial planning practice, Future First, is the thirteenth firm to join independently owned Paragem AFSL, leaving AMP-aligned Hillross Financial Services. With the addition of Future First, Paragem's AFSL now holds over $1.3bn under advice. ... |
| | | | The exponential growth in superannuation has been named the first challenge to growing the resilience of the Australian regulatory perimeter by Greg Medcraft, chairman of ASIC. Speaking at the ASIC Summer School in Sydney this morning, Medcraft said ... |
| | | | Managing inflation spikes through inflation-lined bonds (ILB) is fundamentally flawed, according to one institutional investment manager. "The traditional approach to managing inflation has been to buy an inflation benchmark, which is typically eight ... |
| | | | 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 ... |
| | | | Assistant Treasurer Bill Shorten has released details of the new superannuation trustee requirements around the delivery of intra-fund advice, today revealing certain advice areas excluded from the service. While intra-fund advice will cover any general ... |
| | | | Financial advisers need to do more to switch Australians on to their insurance needs. That's according to Tim Browne, general manager, Retail Advice, CommInsure, who told advisers at Sydney's CommInsure roadshow that underinsurance is one of the biggest ... |
| | | | One-third of financial planners have stopped using at least one insurance provider in the last 12 months due to poor support and service. The Investment Trends 2011 Planner Risk Report surveyed 729 financial planners, asking about their satisfaction ... |
| | | | The government has announced a structural shake-up of the early release of superannuation benefits on specified compassionate grounds. From next month, the Department of Human Services (DHS) will take over the administration of the payments from Medicare/DHS ... |
| | | | Nervous investors have been flooding money into the safety of bank deposits since the global financial crisis. This has pushed the deposit sector to a record $1.5 trillion, building a clear lead over the $1.4 trillion superannuation savings pool. Super ... |
| | | | Planners want freedom to run their own practice while dealer groups are on the attack trying to lure competitor's planners to their own ranks, according to an industry survey, which also rated planner opinions on the handling of reforms. The Midwinter ... |
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