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| | | ... international asset managers," Drennan said. "The decision by Denning Pryce after almost 13 years to cease operations does not alter our approach, in fact we look forward to introducing new and innovative investment products to our loyal advisers and ... |
| | | | ... Superannuation Measures No 1) Bill 2019, which passed on April 4, strengthens APRA's power following criticisms it has not effectively regulated the superannuation industry as highlighted by the financial services Royal Commission. APRA's new ... |
| | | | ... "... the ECB will adopt all the monetary policy actions that are necessary and proportionate to achieve its objective. We are not short of instruments to deliver on our mandate". The speech followed the Governing Council's March 7 meeting where it ... |
| | | | ... expects financial advisers to use their skills, expertise and judgement in determining whether an SMSF is appropriate and not rely solely on client direction," ASIC said. Rainmaker analysis shows the largest groups advisers left before joining SMSF Advisers ... |
| | | | ... community benefits after ASIC found branch staff sold superannuation products to customers under the guise of general advice and not personal advice. Frydenberg also allocated to the Superannuation Complaints Tribunal (SCT) $2.3 million over three years ... |
| | | | Some big names in wealth management have joined the board of the Financial Services Council, including from AMP and Challenger. AMP chief executive, wealth management Alex Wade, Challenger chief financial officer Andrew Tobin and Jason Yetton - who ... |
| | | | ... platforms owned by banks and investment managers would only be required to disclose the cost of gaining access to a product, not the cost charged by those issuing the product," he said. "This means consumers may believe these products are less expensive ... |
| | | | ... these effects on demand, supply and the exchange rate. The monetary policy response to Brexit, whatever form it takes, will not be automatic and could be in either direction," it said. The British central bank may have to wait a while longer, for despite ... |
| | | | ... disqualify five of IOOF's executive leaders, including Kelaher. APRA singled out Kelaher as an executive whose actions were not in accordance with the Superannuation Industry (Supervision) Act, describing him as someone who "demonstrated a failure to ... |
| | | | ... Superannuation Trustees were more critical of the Government however, maintaining the voluntary super contribution changes would not have much of an impact on the retirement outcomes of most Australians. AIST chief executive Eva Scheerlinck said only ... |
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