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| | | ... would only support its introduction if it came with a sunset. The completion of an ethics unit should still be required though, 80% said. "While the FPA shares the government's goal of making financial advice more affordable and accessible to Australian ... |
| | | | A growing portion of working Australians are worried that they won't have enough savings for retirement, according to AMP's Financial Wellness report. Data from more than 2000 respondents found that concerns about retirement have escalated, with those ... |
| | | | ... client if their risk profile is changing or if the broader financial landscape is changing around them," Hackett said. Though this is no longer the case, as Hackett explained, you can now create more value within the product by not securing the investment ... |
| | | | Understanding and fixing regulatory uncertainty and licensee caution has been a subject discussed at length within the advice community in recent years, with AFCA saying it isn't surprised by the level of fear in the industry when it comes to ASIC. ... |
| | | | Demand for ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on the ASX and Cboe are more than $8.5 billion, with BetaShares' range of ethical ETFs constituting nearly half, according to BetaShares ... |
| | | | ... automatically charged the advice fee. Between July 2015 and September 2018, AMP deducted more than $350,000 in fees even though it was aware these members had ceased their employment. While the institution remediated almost $700,000, the court found ... |
| | | | The Actuaries Institute has named Chris Dolman as the Actuary of the Year for 2022. Dolman is executive manager, data and algorithmic ethics at IAG and is also a research affiliate at ANU's Humanising Machine Intelligence group and contributes to the ... |
| | | | ... its current view is that Link Fund Solutions may be required to pay redress of up to $522 million based on misconduct, though this is not a final decision. It has approved the takeover as it relates to Link's six other subsidiaries without conditions. ... |
| | | | Stock exchanges the world over have observed a minute's silence to honour Her Majesty Queen Elizabeth II, while several financial services organisations have also marked her passing overnight. The Royal Family announced early this morning that The ... |
| | | | ... believe they have "all the climate skills required." The balance was unsure. Atherton noted there are barriers to upskilling though, including lack of funding and uncertainty around what skills are needed. In total, 71% said there are barriers, while ... |
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