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13 March 2015 • By • 1 min read

Super fund satisfaction on the rise

Satisfaction with the financial performance of super has risen 4.5 percentage points in the past year, with both retail and industry super funds ...

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Implemented Portfolios obtains advice AFSL

Managed account provider Implemented Portfolios (IP) has obtained a new AFSL from ASIC, but says the firm’s intention is not to become a "dealer group ...

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ASIC urged to limit 'robo-advice'

A survey of financial planners has found a majority would support ASIC placing limitations on the provision of automated asset allocation, or ...

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SPAA rebrands as ‘all-embracing’ SMSF body

Industry body SPAA has dropped the word ‘professionals’ from its title to demonstrate its leadership of the "broader SMSF community"

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Mental health claims hurting life market: TAL

The retail income protection market has "basically made no money" over the past five years due to the increase in mental health claims, says TAL boss ...

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Australia Day Honours recipients revealed

Members of the financial services community have been recognised in the Australia Day 2015 Honours List over the weekend. In the ‘Member (AM) in ...

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Legg Mason appoints director of sales

Global asset manager Legg Mason has expanded its sales team with the appointment of Fidante Partners' business development manager. Legg Mason has ...

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WAM Capital looks to raise $100m

Listed investment company WAM Capital plans to raise $100 million via a share purchase plan (SPP). In a statement via the ASX, WAM Capital said the ...

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One in four planners set to switch licensees

More than 25 per cent of the financial planning industry is shopping for a new dealer group in search of lower fees and strong compliance offerings, ...

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Bank lobby defends vertical integration

The Australian Bankers’ Association has issued a passionate defence of the big banks' wealth management business models, pointing to consumer benefits

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