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RC

Financial planning

A panel of senior planning group executives have told a Money Management conference that advisers should lower their expectations with respect to the value of their advic...

Funds management

Litigation funding firm, IMF Bentham has recorded a portfolio value increase of 68 per cent as Royal Commission boosts legal service demand....

Policy & Regulation

The Australian Securities and Investments Commission has used AMP and its lawyers, Clayton Utz, as examples of successful enforcement action by the regulator....

Financial planning

The Financial Planning Association, Association of Financial Advisers and other professional association backers will today lodge a formal application with ASIC to operat...

Superannuation

The chief executives of Australia’s major superannuation industry bodies agree that retail superannuation funds have faced tough times in the wake of the Royal Commission...

Policy & Regulation

The Australian Prudential Regulation Authority has confirmed that a number of superannuation funds are facing the possibility of legal action as early as next month on th...

Policy & Regulation

The Australian Securities and Investments Commission has reinforced that its responsible lending action against Westpac was a test case....

Financial planning

With the Commonwealth Bank’s planned exit from Financial Wisdom and the sale of Count Financial, all eyes have turned to the future of Colonial First State....

Financial planning

Will changes to default superannuation arrangements combine with changes to income streams serve to squeeze many advisers out of the superannuation market?...

Policy & Regulation

ANZ has dropped individual bonuses and replaced them with incentives based on overall group performance....

Features

Mike Taylor writes that new research conducted by Money Management has confirmed general acceptance of the convergence of accounting and advice but only on the right term...

Financial planning

Is there an advice/accounting convergence underway and is it something advisers want?...

Superannuation

AMP has lost one of its largest corporate superannuation mandates, that of Australia Post Superannaution, to AustralianSuper....

Policy & Regulation

The Australian Prudential Regulation Authority has imposed new conditions on AMP’s superannuation businesses including board renewal and removal of conflicts of interest....

Financial planning

The weakening in the Australian economy has been triggered by a protracted downturn in the housing market, according to Fitch Ratings....

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