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| | | ... businesses and farmers in particular. Competition being lessened in these markets will lead to customers getting a worse deal." Keough reinforced the need for second-tier banks such as Suncorp Bank and explained such institutions are important competitors ... |
| | | | ... transaction volumes in Q2 were down 61% year on year, coming in at $7 billion. This was down 49% versus the five-year average. Deal count was also down by about half compared to the five-year average, it said. Sales were down across industrial, office ... |
| | | | The Art of science and trust research, commissioned by the Australian Retirement Trust, has found that clients value trust and simplicity more than product and investment advice when dealing with financial advisers. The research found that when measuring ... |
| | | | Mortgage holders and retailers breathed a resounding sigh of relief when the Reserve Bank of Australia (RBA) steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy ... |
| | | | Capital Partners Private Wealth Advisers has acquired Partnership Wealth Management. In a deal that was finalised yesterday, The Partnership Wealth Management team will merge with Capital Partners, joining a team of 41 which includes 13 wealth advisers. ... |
| | | | ... the challenge of leading the investment team. "I am very passionate about the role the Future Fund plays and have a great deal of respect and admiration for the people who work here," he said. "Having spent a significant amount of time leading the research ... |
| | | | ... standalone offerings." CFS Edge was developed in collaboration with FNZ, a global leader in wealth management platforms. "FNZ deal with 100,000 advisers and manage over $2 trillion in Australian dollar assets, so partnering with such a major scale provider ... |
| | | | ... its clients a readily available solution, accessing high interest term deposits without administrative burden. Under the deal, the Transact1 team will continue to be based in Brisbane and led by chief executive Bill Keogh. "We're thrilled to welcome ... |
| | | | ASIC has imposed additional licence conditions on dealer group Shartru Wealth Management, saying representatives have not been adequately supervised, leading to some financial advice provided failing the best interests duty. The additional conditions ... |
| | | | ... will also make the move, as well as business development managers. Described by Mota as "a very specific business model to deal with very specific advice needs and adviser needs", Insignia will own the majority of ASC at the outset, with its stake to ... |
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