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| | | ... released this afternoon, outlining several substantial changes Levy believes are necessary for revitalising the financial advice sector, making advice more affordable and accessible. Her recommendations include removing the best interests duty, removing ... |
| | | | ... 'good advice', the scrapping of general advice, and allowing superannuation funds to provide personal financial advice are just some of the proposed reforms contained in the Quality of Advice Review's consultation paper. Released today, the ... |
| | | | Following a review, Hostplus has retained Industry Fund Services (IFS) as its financial advice provider ahead of expanding its intra-fund and personal advice services. Hostplus is planning to roll out an updated financial advice and literacy model ... |
| | | | ... said it's not confident any changes can be made and implemented in time to impact this financial year. "Making financial advice more affordable for all Australians starts with making financial planning more affordable to practice," FPA chief executive ... |
| | | | ... they plan and make decisions for retirement, with a focus on superannuation products, managed investments, and financial advice. The report said around 11.7% of member accounts with superannuation funds currently belong to members aged 65 and over. "As ... |
| | | | ... Toohey said "whole categories of securities are excluded from the fixed income benchmarks, with relevance to the financial advice sector now that the Your Future, Your Super has effectively pegged industry and MySuper Australian debt exposures against ... |
| | | | ... 3.39% at time of writing. A statement explained the increase is driven by growth in APAC trading and market data, financial advice, superannuation, mortgages, and the North America business. Its interim dividend per share remained the same at 16 cents ... |
| | | | ... crisis before suspending trading in February 2019 before committing to divest all its operations - including financial advice business Spectrum Wealth Advisers - and eventually appointing liquidators in February 2020. The policies distributed by Freedom ... |
| | | | ... extensive regulatory changes, not only have fewer new advisers joined the industry since, but the price of personal financial advice has risen substantially over the past two years. As noted in ASIC Report 627,1 it is no surprise that consumers consider ... |
| | | | ... listed and unlisted trustees. Meanwhile, O'Connell brings more than 30 years' experience across life insurance, financial advice, superannuation and custody. This includes roles with Citigroup, NAB and BNY Mellon. As a result of their appointments, MSC ... |
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