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21 November 2013 • By Tim Stewart & Aleks Vickovich • 1 min read

ASIC has ‘no right’ to seek settlements

A Coalition senator has taken the corporate regulator to task for ‘overstepping its brief’ by seeking settlements on behalf of Storm Financial clients

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'On-call' mandates betray short-term thinking

Superannuation funds can terminate their investment mandates within 24 hours, which is at odds with the long-term rhetoric promoted by the sector, ...

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Practice valuations stable despite grandfathering

While it is true that concerns about the grandfathering of revenue streams under FOFA have inhibited financial planning practice sales, valuations ...

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RBA raises risk pricing self-regulation concerns

The Reserve Bank (RBA) has expressed concern that the financial services industry will not self-regulate risk pricing effectively over the long term

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Investors search for yield in alternatives

Institutional investors are continuing to turn to alternative assets despite concerns about market volatility, according to State Street research

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Super funds continue growth: Chant West

October marked another strong month for superannuation growth funds, with the median growth fund rising by 1.8 per cent, according to Chant ...

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Crowe Horwath appoints CEO

Crowe Horwath Australasia acting chief executive Chris Price has now been officially appointed to the role of chief executive and managing director

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Govt open to advice ownership disclosure

The federal government’s moratorium on financial services regulation will not exclude additional disclosure by financial advice firms about their ...

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Mortgage Choice FP facing recruitment ‘challenge’

Mortgage Choice has put the consumer rollout of its recently launched financial planning division on hold as it struggles to recruit “quality” ...

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Aberdeen makes bid for rival UK asset manager

Aberdeen Asset Management has announced its proposed acquisition of Scottish Widows Investment Partnership, with implications for the Australian arm ...

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