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| | | ... had shown that if adviser commissions were banned, consumers would not seek life insurance advice. "Without advice, Australians are often significantly underinsured or more commonly... not insured at all," he said in a statement. Klipin cited a Zurich ... |
| | | | ... business called Altius Asset Management, focusing on fixed income. It is AUI's sixth joint venture business to date. "Australians are significantly underinvested in the fixed interest sector. Of our $1.7 trillion investments industry, only $195 billion ... |
| | | | ... "The unintended consequence is that advisers will focus... on higher value clients and thus lower and middle income Australians will be priced out of the market," he said via email. Financial advisor Phil Butterworth, chief executive, DKN Financial Group ... |
| | | | ... will have the scale and capability, along with diversity of brands and distribution, to better meet the needs of more Australians and New Zealanders than ever before," Dunn said. |
| | | | ... books, said Virgin Money in a statement. Premium prices will start from $2.31 per week with guaranteed acceptance for Australians aged 18 to 65 years of age. Pre-existing conditions will be subject to a five year exclusion period. Customers will be able ... |
| | | | ... temporary... but if it stays temporary for longer, it might reach the core. Only then will we have a problem. Oh not us Australians. The Reserve Bank of Australia is in a good place. Again, I heart the RBA. |
| | | | ... from RBA Governor Glen Stevens last week, but it'll serve to etch Australia's good economic fortune deeper into all Australians' psyche. "It is worth recording that a combination, on the latest figures, of a 5 per cent unemployment rate and an inflation ... |
| | | | ... behind." Traditional solutions on how best to give financial advice also needs to change, according to research. "Many Australians, particularly those who have never previously accessed financial advice, want piece-by-piece simple advice rather than ... |
| | | | Six in ten Australians are less likely to seek risk advice if they have to pay fees upfront rather than through commission paid to their financial adviser, a consumer survey found. The survey differs from previous surveys done on the commission versus ... |
| | | | ... licensing and registration that will add another layer of compliance and ultimately push up the cost of advice for all Australians," Mark Rantall, chief executive FPA said. Meanwhile, accounting associations are generally supportive. "While we recognise ... |
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