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14 September 2012 • By Reporter • 1 min read

CBA settles Storm case with ASIC

CBA has reached a multi-million dollar settlement with ASIC in relation to failed financial advisory group, Storm Financial.The Commonwealth Bank ...

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Liquidator explores Trio fund recovery action

The liquidators of the Astarra Strategic Fund are considering funding options to back potential recovery actions.The liquidators of the Astarra ...

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Sunsuper merges product teams

Sunsuper has merged a number of its product teams to form a new product division.Industry superannuation fund Sunsuper has merged its superannuation, ...

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Medibank reappoints NAB Asset Servicing

NAB Asset Servicing has extended its custodial and investment administration contract with Medibank.NAB Asset Servicing will continue to provide ...

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Advice industry not prepared for opt-out

Advice groups must shift their attention to clients who could opt-out, a BTFG advice executive says.Financial advice groups are not prepared to deal ...

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FSC policy compounds APRA 'weakness': academic

FSC's draft will let banks or insurers appoint directors to board of RSE licensees who may be members of the board of the listed bank or insurer

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Austock shareholders approve property sale

Austock shareholders have approved the sale of the company's property business to Folkestone.Austock Group shareholders have approved the ...

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Wealthsure denies adviser suspension plans

Wealthsure Financial Services has rejected suggestions it may be suspending further advisers.Wealthsure Financial Services has denied it is ...

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FSC hits back at policy critics

The Financial Services Council has rebutted claims its superannuation governance policy is inadequate and needs rewriting.The chief executive of the ...

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Coin re-examines clients' future strategies

Coin is in discussions with its clients to ensure future strategies are aligned.Rubik Financial was reassessing the strategies of clients ...

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