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|In line with the new pension income rules, MLC has unveiled MLC MasterKey Pension, an integrated and flexible vehicle which delivers cost saving through account consolidation. MLC has structured two version of the product - MLC MasterKey Pension, which ...|
|The proposed sale of the Financial Services Institute of Australia's (Finsia) education business to Kaplan is far from a foregone conclusion, according to some practitioners and members. Industry practitioners Giles Gunesekera, Stephen Chambers and ...|
|The Centro Direct Property Fund (DPF) and the Centro Direct Property Fund International (DPFI) have finalised a combined $950 million investment into the jointly owned Centro Retail Investment Trust (CRIT). CRIT is an unlisted Centro trust which owns ...|
|Watson Wyatt has strengthened its ethical and socially responsible investing (SRI) consulting credentials with the appointment of a specialist to the global manager research team. Jane Goodland joins the investment consulting business as a specialist ...|
|The Australian Securities and Investments Commission (ASIC) has called on reverse mortgage brokers to ensure advertising and promotional material is clear and not likely to mislead after citing five cases of problematic marketing. With the reverse mortgage ...|
|Western Australian based Keysbrook Financial Services has joined the "Best Advice" project, a national cooperative project between privately owned financial planning businesses to develop a best practice model for implementation in their individual ...|
|Tyndall has completed a review of its equities team, resulting in the appointment of a new analyst, the creation of a deputy head of equities role and internal promotions. Previously head of research, Warwick Cumming has been promoted to the new role ...|
|The Financial Planning Association (FPA) is arguing for the removal of criminal sanctions for advisers who fail to provide disclosure to clients, claiming the current regime is "excessive, unjust and contributes to fear and uncertainty". In a submission ...|
|Aberdeen Asset Management's revised investment team structure has been revealed after finalising its acquisition of Deutsche Asset Management's (DeAM) Australian equities and fixed income businesses capabilities. Bill Bovingdon's seven person fixed ...|
|Vanguard's Colin Bold has taken out the award for Marketer of the Year at the 2007 Rainmaker Marketing Excellence Awards. More than 250 attendees were on hand to see Bold, head of marketing for Vanguard, take out the open award for Marketer of the Year. ...|
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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