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| | | The issue of affordability is plaguing the financial advice industry, further compounded by recent action taken by both AMP and MLC Wealth. Speaking at the recent Association of Financial Advisers' National Conference, AFA general manager of policy ... |
| | | | An international asset manager has bought two hospitals in Queensland, marking its entrance into the Australian healthcare sector. AXA Investment Managers - Real Assets has entered the Australian healthcare sector with an investment on behalf of clients ... |
| | | | APRA says its new enforcement approach goes beyond taking stronger action earlier, clarifying when and how it will publicise the actions it takes. Outlining how it will increase transparency and take stronger action against misbehaving institutions ... |
| | | | The Federal Government has extended the deadlines for financial advisers to pass the Financial Adviser Standards and Ethics Authority's exam, as well as meet its qualification requirements. Assistant Minister for Financial Services, Superannuation ... |
| | | | ASX listed Link Group will sell its 74.85% stake in a share registry for $21.5 million. The holding in share registry Link Market Services South Africa (LMS South Africa) will be sold to JSE Limited. Link managing director John McMurtrie said: "JSE ... |
| | | | The Commonwealth Bank will sell its life insurance business for $150 million less than originally agreed as the sale experiences delays and regulatory roadblocks. The banking group today announced its divestment of CommInsure Life to AIA Group is facing ... |
| | | | The California State Teachers' Retirement System has joined a derivatives case against Facebook in regards to Cambridge Analytica. The litigation at hand is a pending derivative lawsuit against Facebook's leadership, including the social media company's ... |
| | | | The well-known fund manager is back with two Aussie equities strategies totaling $3 billion in capacity at his new boutique, after resigning from the Tribeca Alpha Plus fund earlier in the year. Sage Capital, led by former Tribeca portfolio manager ... |
| | | | IOOF believes it has actioned all 145 items required to meet licence conditions imposed by APRA late last year, including those which it failed to meet the original deadline for. In an update to the market late yesterday, IOOF said the independent reviewer ... |
| | | | AMP Capital has made several changes to the leadership of its real estate arm, amid a realignment of the business unit. The global investment manager has split its real estate business into two specialist sectors: retail, and office and logistics. As ... |
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