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25 July 2011 • By Victoria Tait • 1 min read

Fee-for-service: Advice industry gets a wake- up call

Financial planners face a legislative ban on commissions in favour of fee-based revenue. With scant detail and a deadline around the corner, advisers ...

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Judge jails Astarra's Richard

Shawn Richard has been imprisoned after a judge convicted him of dishonest conduct in the course of carrying on a financial services business

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Yellow Brick hires new chief

Listed financial services firm Yellow Brick Road (YBR)  has appointed a new chief executive as a result of the firm's business deal with Nine ...

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Advisers strike back

The Industry Super Network (ISN) strikes again. In an unsurprising attack on financial planners, ISN accused the advice industry of operating ongoing ...

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Commonwealth FP to retain Coin

CFS has no immediate plans to switch its planning software across to Iress.Commonwealth Financial Planning (Commonwealth FP) has no immediate plans to ...

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Trio clients lobby govt over negligence

Investors have called on the federal government to widen its negligence investigations into Trio Capital to research houses and industry ...

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Overheads bedevil advisers: Macquarie

Revenues edged up to just over $1m but have yet to revisit pre-GFC levels, annual report shows.Financial advice businesses have done a good job of ...

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Centuria in the market for fund managers

Chief executive says acquisitions are 'a major focus'.Publicly listed Centuria Capital will look to buy fund managers with up to $1.5 billion in ...

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Debt crisis won't affect Australia

Australia's strong ties to emerging markets growth will steer it though Europe's crisis, an OECD economist said.The sovereign debt problems ...

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CBA appoints new chief executive

Australia's biggest bank by market value has announced a new CEO. The Commonwealth Bank of Australia (CBA) has announced that its current chief ...

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