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Legal sanctions urged on bad financial services management

 
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MM Newsletter
  Feb 17, 2017 
 
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Latest News

Whistleblower laws miss management and corporate behaviours

Union wants whistle-blowing laws to be extended to management conduct, practices, and behaviours. For more
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ASIC to shadow shop SMSF advice

ASIC has confirmed it will be shadow shopping advisers who recently provided advice on SMSFs as it focuses on areas of potential risk of poor advice. For more

O’Dwyer scathing of industry funds governance report

The Minister for Revenue and Financial Services, Kelly O'Dwyer has issued a scathing assessment of the industry funds governance report produced by former Reserve Bank Governor, Bernie Fraser. For more
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ANZ posts net profit of $1.6b

ANZ has posted a profit of $1.6 billion on the back of good performance from retail and institutional banking and improved capital efficiency. For more

Advice crucial for market and demographic conditions

A large cohort of SMSFs and other retirees transitioning to drawdown phase as well as a volatile global market highlights the need for advice. For more
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ASIC on heels of accountants

ASIC deputy chairman, Kell has warned accountants the regulator will be visiting their firms to ensure they are operating within the new licensing regime. For more

Govt says it wants to restore trust in advice

Restoring trust and confidence in advice were the main drivers behind the reforms imposed on the financial advice industry from FOFA to professional standards, according to Treasury. For more
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SMSFs not driving steep property prices

Figures from a Class Super report do not support fears SMSF exposure to residential property was contributing to the booming property market. For more

Bond market investors should not be distracted by populism

Political risks and volatility pose challenges and opportunities for the bond market in 2017, according to AllianceBernstein. For more
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Claims on fintech investment untrue says IRESS

IRESS boss, Andrew Walsh has challenged claims that the financial services technology industry is not meeting the financial planning industry’s real needs. For more

Expert Analysis

The art of entering into

Col Fullagar looks at when an intending insured is able to cease and desist disclosing ‘all sorts of stuff’. For more

The property for income opportunity

Mark Lumby explores the role unlisted commercial property funds can play within the current volatile and low interest rate environment. For more

Outsider

Outsider is backing Bazza and Katelyn

Outsider noted that his old mate, Barry Lambert, had not dawdled too long at beautiful Crowdy Head before going back into battle for his grand daughter, Katelyn. For more

Sheep in wolf’s clothing

Outsider knows how it feels to be mistaken for someone else. He was once mistaken for a Queensland special branch undercover operative. For more
 
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