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| | | ... the realised savings that would otherwise have been paid to the sell side. The company's managing director for Australia, Ken Shaw, believes local institutions would especially benefit from this kind of cost pattern analysis. "The Financial System Inquiry ... |
| | | | ... 28 cents to $31.91. Shares in packaging company Amcor were down 50 cents, or 3.9 per cent, at $12.38 after chief executive Ken Mackenzie announced his resignation, to be replaced by the company's chief financial officer. |
| | | | AMP-owned financial planning firm Hillross has handed out its Adviser of the Year, New Adviser of the Year and Firm of the Year awards at a ceremony this week. Sydney planner David Kennedy was crowned Adviser of the Year for his ability to "set meaningful ... |
| | | | AllianceBernstein has appointed a national retail sales manager in Australia to support the growth of its retail channel. Ben Moore will be responsible to drive AllianceBernstein's retail sales strategy as the company continues to expand its offering ... |
| | | | The Financial Planning Association (FPA) Professionals Congress kicked off in Adelaide this morning, in the wake of the Senate's disallowance of the government's changes to the Future of Financial Advice (FoFA) legislation. "Our professional body has ... |
| | | | Advice practices licensed under AMP-owned Genesys Wealth are currently considering all options after the licensee announced yesterday that it would wind up. At the moment, 92 advice firms employing 188 advisers are licensed under Genesys, according ... |
| | | | AMP Group will close the Genesys dealer group and will offer practices under the dealership a "smooth transition" to other AMP licensees. An AMP spokesperson confirmed that the group has undertaken "a strategic review of the Genesys business over the ... |
| | | | The Association of Financial Advisers (AFA) has appointed a new chair to its Inspire initiative, replacing Deborah Kent, who is now the association's president. Prominent Financial Services director Christine Swanson will lead AFA Inspire, with a mandate ... |
| | | | Social media is the epicentre of new ideas and innovation in financial services industry and this years' edition of the FS Power50 features the top 50 individuals in Australia leading this conversation. The second edition of the FS Power50 is a completely ... |
| | | | The Australian market looks set to open lower after losses on Wall Street and European stock markets overnight. At 0715 AEDT on Thursday, the December share price index futures contract was down 10 points at 5,478. Locally on Thursday Reserve Bank assistant ... |
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