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31 March 2014 • By James Mitchell • 1 min read

Catch-all will create 'unnecessary uncertainty'

The 'catch-all' provision of the best interests duty creates "unnecessary uncertainty" with advisers left guessing what parliament could have meant by ...

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Treasurer proposes infrastructure asset recycling

State and territory treasurers have endorsed Treasurer Joe Hockey’s proposal to provide incentives to states and territories for recycling proceeds ...

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Towers Watson paints bleak picture for retirees

A large proportion of Australians are unlikely to have sufficient income during retirement, according to a survey conducted by the University of ...

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Westpac records highest cross-sell

Westpac Group is leading the big four banks in the cross-sale of its wealth management products to its traditional banking customers, according to a ...

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ASIC in ‘unusual territory’ on FOFA

The government’s decision to ‘pause’ the FOFA amendment process has placed the corporate regulator in an awkward position, according to financial ...

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FSC calls for tax incentives for life insurance

The Financial Services Council (FSC) is set to release figures that will show what the federal government would save by providing tax benefits for ...

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Planning and accounting bodies team up

The Association of Independently Owned Financial Professionals (AIOFP) has entered into a strategic alliance with the National Tax and Accountants’ ...

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Investor risk appetite increasing: CFSGAM

The risk appetite of Australian retail investors is rising with investors increasing their allocation to direct shares and shares held indirectly ...

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Capital Fund Management launches new fund 

French hedge fund Capital Fund Management (CFM) has launched its new ‘Institutional Systematic Diversified’ fund to the Australian superannuation ...

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Aussie investors bullish on domestic equities

Australian investors are optimistic about domestic equities, with two-thirds of investors expecting the local stock market to perform well in 2014, ...

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