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...

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Funds management

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

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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....

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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...

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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...

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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...

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Policy & Regulation

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

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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....

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Financial planning

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

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Policy & Regulation

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

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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...

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Financial planning

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

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Superannuation

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

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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....

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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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