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Bank planners in ASIC's sights

 
  Sep 01, 2015 
 
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Latest News

Bank planners in ASIC sights

The Australian Securities and Investments Commission has flagged that bank planners and vertical integration are on the enforcement agenda for 2015/16. Read more
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APRA eases super board committee requirements

The Australian Prudential Regulation Authority has dropped the requirement that key superannuation board committees need to have a majority of independent directors. Read more

New ISA adverts to push against bank default fund moves

ISA will continue to push back against banks moving into the default super fund space with an advertising campaign urging employers to not pick banks for default funds. Read more
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Platform market faces zero-margin shake-up

After decades of dominance, Australia’s major platform providers can expect competition from low-cost rivals in the years ahead, an expert believes. Read more

Securitor keeps acting MD

After acting in the role for seven months, Mark Fisher has been appointed as Securitor’s managing director. Read more
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MLC exec made Adviser Network CEO

MLC Advice Solutions state manager, Duncan McPherson, has joined Lonsec Fiscal Group subsidiary Adviser Network as chief executive. Read more

Investors going ethical boost FUM

Australian Ethical posts a 32 per cent increase in funds under management but a 23 per cent decrease in net profit after tax for year end 30 June 2015. Read more
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Impact of fintechs is over-hyped: NCPA

Financial technology disruptors will have less impact on the lending space than originally perceived, according to the head of major industry body. Read more

Rate the Raters

Zenith finishes on top

For the second year running, Zenith Investment Partners has come out on top of the pile to claim the title of Money Management’s Ratings House of the Year 2015, writes Nicholas O’Donoghue. Read more
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Expert Analysis

APRA – Compare the Pair funding was fair

The industry funds’ “compare the pair” advertising campaign was the catalyst for removal of commissions and, as Mike Taylor writes, the advent of FOFA and now its underlying funding model… Read more

Bipartisanship needed on women’s wealth

Closing the gap with respect to women’s retirement incomes is a challenge best surmounted via a political unity ticket. Read more

Features

Regional planners offer large scale advice

The logistics of serving clients who often live miles away is a challenge for regional advisers but, as Jason Spits writes, the long distances are quickly offset by the rewards of being a trusted professional in a place where everyone knows your name. Read more
 
 
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