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| | | NAB-owned planning group Godfrey Pembroke has set in motion a strategy that will switch all of its planners out of providing commission-based advice on insurance and mortgages. The decision goes against common practice in the planning industry of maintaining ... |
| | | | ... uses top down and bottom up analysis to select stocks. Contango also uses a 'business cycle approach' that means it can switch between a value or growth strategy depending on where the local market is in the cycle. |
| | | | Qantas Super names J.P.Morgan as custodian to the fund's $5 billion-plus in assets, replacing its previous custodian, NAB Asset Servicing. Besides custody, J.P.Morgan will also provide additional services including valuation, accounting, tax, financial ... |
| | | | ... said that while she is an industry outsider, she studied the market over the past eight months before making the career switch. |
| | | | The Australian share market has received negative leads from overseas, with Wall Street indices, metals and oil all closing lower. At 0701 AEDT on the Sydney Futures Exchange, the June share price index contract was 19 points lower at 4,873 points. ... |
| | | | ... sector. They said the six FPA financial planner remuneration principles - including fee agreements with planners and an 'off switch' when no-ongoing advice is required - still applying to risk products made any move away from commission on risk products ... |
| | | | The Financial Planning Association (FPA) has called for commission payments for risk products to continue, citing fee-for-advice payments on risk products could make life insurance too expensive for clients. According to a press statement, the FPA Board ... |
| | | | The Australian share market was almost one per cent higher at noon, led by the major resources stocks, as BHP Billiton secured a coking coal contract and Arrow Energy received a takeover offer. At 1200 AEDT, the benchmark S&P/ASX200 index was up 42.2 ... |
| | | | Macquarie Group has announced a proposal to close down its flagship cash management trust and transfer $9.8 billion of funds from the CMT to the Macquarie Cash Management Account. According to a Macquarie statement, the firm is seeking Macquarie CMT ... |
| | | | The Australian share market was flat at noon, drifting marginally lower from the monrning as traders awaited the Reserve Bank of Australia's (RBA) decision on whether to raise the official cash rate. At 1200 AEDT the benchmark S&P/ASX200 index was 0.1 ... |
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