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| | | Head of the Industry Super Network David Whiteley has contested claims that the proposed FOFA legislation would cost the industry thousands of jobs. Reports today point to comments from Association of Financial Advisers (AFA) chief Richard Klipin, who ... |
| | | | ... reach a deal with private creditors on lowering its debt - despite a delay in talks between Athens and banks' representatives - supported European markets on Monday and sent the euro up to three-week highs above $US1.30. The deal being thrashed out would ... |
| | | | The Government's proposed reforms aimed at tightening controls over payday lenders need to be reassessed, the Joint Committee on Corporations and Financial Services has found. On 22 September 2011, the House of Representatives referred the Consumer ... |
| | | | AMP has sold its General Insurance Distribution business to Suncorp, in a move that sees Suncorp secure the business for the long-term. The groups had previously been aligned in insurance, with Suncorp providing general insurance products to AMP through ... |
| | | | ASIC is continuing its crackdown of the financial services industry with the cancellation of two more licenses. Melbourne-based FP Investment Partners lost its licence for not making sure that the proper arrangements were in place for the management ... |
| | | | Leading superannuation bodies have welcomed the passage of the mining tax package through the lower House, which paves the way for the Superannuation Guarantee hike from 9 to 12 %. The 30 % tax on coal and iron ore profits, which successfully made it ... |
| | | | ASIC has cancelled the financial service license of Adelaide based firm Mark Power Financial Ltd, along with the license of its responsible manager Mark Raymund Power. The move follows concerns Mark Power Financial (MPF) didn't comply with ASIC's obligations ... |
| | | | ... days. Meanwhile, pressure is continuing to mount on Europe's other troubled member, Greece, amid reports troika representatives (inspectors from the International Monetary Fund, the European Central bank and EU) are due to arrive in Athens today, to ... |
| | | | The need for transparency and accountability has lead to launch of new social networking and investment ideas forum, Investable, for professionals and non professionals' alike as a compliant networking tool for the investment industry. The site allows ... |
| | | | The managing director of BNP Paribas Securities Services Australia & New Zealand has been appointed the new chair of the Australian Custodial Services Association. Pierre Jond takes over from incumbent Australian Custodial Services Association (ACSA) ... |
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