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08 December 2011 • By • 1 min read

Third Westpoint payment approved

Creditors of a subsidiary of failed property group Westpoint could see further dividends.The liquidator of North Sydney Finance (NSF), a subsidiary of ...

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Independents merge for scale, growth

Growing movement in the independent space reflects a repositioning against bigger dealers.As vertically-integrated changes dominate the world of ...

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ASIC starts phase two of advice review

The corporate regulator has begun the second phase of a review intended to improve industry standards.ASIC has started the second phase of its review ...

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AREITs on shaky ground

Australian real estate investment trusts continue to struggle, but property trusts ae now trying to reinvent themselves to attract investors

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AMP switches to short-form PDS

AMP has added term deposits to its personal and corporate super funds.AMP has switched to shorter product disclosure statements (PDS) ...

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FOFA may make dealer groups extinct

Institutions and boutiques will survive; mid-sized groups will not, Tony Fenning says.Mid-sized dealer groups could be squeezed out of existence by ...

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Reform uncertainty could double costs

Clarity on the FOFA reforms before Christmas would prevent an escalation of systems testing costs, ANZ's Paul Barrett says.Uncertainty over the timing ...

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FOFA a great first step: FSU

Banks should not behave like hot bread shops, the Finance Sector Union's national secretary says.The federal government's Future of Financial Advice ...

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Investor confidence on the up

Australians who have sought expert advice are much more confident about making financial decisions, new research has found.Confidence among ...

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ASIC to review IDPS policy

The corporate regulator has its sights on the IDPS sector in 2012.The corporate regulator will review the policy on Australia's investor directed ...

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