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Treasury launches consultation on QAR draft regulation

quality-of-advice-review/Stephen-Jones/financial-advice/

Ahead of a public hearing this week, the government has commenced a consultation on draft regulations to support the implementation of the first tranche of Quality of Advice Review reforms.

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How much were CSLR’s first payouts?

CSLR/AFCA/financial-advice/

The Compensation Scheme of Last Resort has made its first payouts to victims since launching in April, with three claimants having been the victims of poor financial advice.

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BDMs feel the heat amid alternatives popularity

BDM/business-development-manager/recruitment/Kaizen-Recruitment/fund-management/hiring/sales/salary/

BDMs specialising in equities and fixed income report their bonuses are coming under pressure as investors opt for alternatives, but salaries can still reach as high as $450,000, according to Kaizen Recruitment.

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‘Man is not an island’: Should you scale up a micro-AFSL?

financial-advice/AFSL/lifespan/self-licensing/licensees/outsourcing/

Two industry professionals have shared lessons for self-licensed firms amid the debate over scaling up a financial advice business.

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Count seeks to grow market share with brand hire

Countplus/licensees/financial-advice/market-share/

Count has appointed Leah Hitchings in a newly created role of group head of brand and experiences as the licensee looks to grow market share.

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Negative screening debunked: What advisers should know

ESG/Zenith/exclusion/portfolio-construction/Zenith-Investments-Partners/

As more investors seek to exclude poor ESG performers from their portfolios, Zenith’s Dugald Higgins demystifies the complexities around negative screening and the purposes it serves.

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BlackRock’s latest ETF to provide advisers with global diversification

blackrock/ishares/ETFs/emerging-markets/China/

BlackRock Australia has announced it intends to launch an emerging markets ex-China ETF this month to give greater diversification to Australian investors.

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Inflation uncertainty makes retirement planning harder

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‘Step up or step out’, Howarth tells Jones

Stephen-Jones/Luke-Howarth/quality-of-advice-review/Parliament/Budget/

Shadow minister for financial services, Luke Howarth, has described his counterpart Stephen Jones as being “asleep at the wheel” when it comes to financial advice.

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VanEck targets adviser market with multiple hires

ETFs/VanEck/hires/financial-advisers/

ETF provider VanEck has added four new hires as it seeks to increase its market share with financial advisers.

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