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21 October 2019 • By Reporter • 1 min read

CountPlus snaps up Latitude Advisory

A CountPlus member firm has acquired financial advice practice Latitude Advisory Services as the firm broadens its service offering. The ...

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Former adviser hit with 12-year prison term

A former financial adviser from Brisbane has been found guilty of fraud following a three-week trial and has been hit with a 12-year prison sentence

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Royal commission could have gone further: Ferguson

The Hayne commission didn’t go far enough and is having its impacts undone by the Morrison government, according to Banking Bad author and journalist ...

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ASIC skewers OTCs in annual report

ASIC has indicated that it will continue to take on misconduct in the retail OTC sector in its annual report, with more regulation potentially on the ...

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Class action launched against Colonial First State

Slater and Gordon today filed a class action on behalf of 500,000 Australians who were charged excessive superannuation fees to fund ongoing ...

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Why did Latitude’s IPO fail?

It was poised to be one of the biggest public offerings of the year, but for a second time Latitude Financial failed to list on the ASX this week

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Royal commission has weakened regional banks

Bank of Queensland posted a 14 per cent fall in profits for the 2019 financial year as the fallout from the Hayne royal commission burdens smaller ...

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Wealth business to be built on client need: AMP

AMP’s recent changes to its wealth management business is around getting to a simpler business “led by client needs” and “not by selling products”, ...

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Aus investors flag turbulent global politics

Australian fixed-income investors have named political and geopolitical risk to be the greatest threat to domestic credit markets over the next 12 ...

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‘I don’t want to create a police state’: ASIC chair

ASIC chair James Shipton has highlighted the role of professionalism in financial services as it adopts new product intervention powers, saying he ...

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