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Aged care funding risks in home equity drawdowns

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MM Newsletter
  Feb 14, 2017 

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CommInsure Product Enhancements

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Latest News

Home equity drawdowns threaten aged care funding

A Parliamentary Committee has been warned that if Government policy encouraged heavy drawdown on home equity the residential aged care funding regime would be placed at risk. For more

FPA fines banned adviser $16k

The FPA has fined financial adviser, Darren Tindall $16,000 in addition to over $12,000 in costs and expenses for misleading and deceptive conduct. For more

Challenger cements annuities platform deal with BT

Challenger has announced another strong half amid further key distribution deals including via BT’s Panorama platform later this year. For more

Challenger and Standard Life strike global bond deal

Challenger and Standard Life Investments have entered into a new partnership to deliver a global bond product within Challenger’s annuities offerings. For more

FOS urges claims limit increase

The Financial Ombudsman Service has called for an increase in claims limits and compensation caps for small business disputes, which currently stood at $500,000. For more

ANZIF and FSC launch life insurance code

The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and the Financial Services Council (FSC) have launched the Life Insurance Code of Practice. For more

Newlyweds don’t want to merge finances

New figures show that two-thirds of newlywed Australians had no plan to combine their financial accountants. For more

Mirrabooka profit down

Mirrabooka has reported a lower profit counting year-on-year for the first six months ended in December, 2016. For more


Churn: Real or politically expedient?

Was the life insurance industry ever really guilty of “excessive” churn or was churn a means to a politically-motivated end? For more

ASIC’s concerns on vertical integration and best interests

The Australian Securities and Investments Commission has left Federal Parliamentarians in no doubt that it has concerns about the compatibility of vertical integration with the delivery of client best interests. For more


Superannuation reforms — the aftermath – SMSF Feature Part 2

The Federal Government’s super reforms, which targeted the wealthy, will impact many SMSF clients. Here lies an opportunity for advisers to walk clients through the changes, writes Malavika Santhebennur. For more

All eggs in one basket – SMSF Feature Part 3

SMSF clients may be more sophisticated and savvy with their investments but volatility affects them as much as anyone else. How do they invest their money? Malavika Santhebennur writes. For more
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