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24 February 2014 • By • 1 min read

AIOFP calls for dispute resolution review

The government should review the operation of external dispute resolution schemes in the financial services industry and related PI insurance market, ...

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ASIC targeting ‘shonky’ SMSF operators

‘One-stop shop’ operators offering various SMSF services will be a new area of focus for ASIC’s SMSF taskforce in 2014, according to ASIC commissioner ...

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ATO to monitor SuperStream gateway

Assistant Treasurer Arthur Sinodinos has announced the ATO will have stewardship of the SuperStream gateway network for a period of two years, while ...

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NAB cash earnings up from previous quarter

Improvements in asset quality as well as good mortgage growth has led to a solid first quarter result for National Australia Bank Group (NAB), ...

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ISA points to retail underperformance

The underperformance of the retail superannuation sector has cost Australia's national savings an estimated $97 billion in the seven years to June ...

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Make ASIC more 'proactive': FOS

ASIC would benefit from some of the more "proactive mechanisms" enjoyed by the UK regulator, according to Financial Ombudsman Service (FOS) chief ...

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Advisers exposed to ‘unreasonable' claims

The Governance Institute has penned a submission to Treasury calling for the incorporation of an “onus of proof” into the FOFA best interests duty

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AMP treads water in 2013

A 16 per cent increase in wealth management operating earnings was one of the few highlights of a fairly lacklustre full-year result for AMP

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Super assets hit $1.8 trillion

Superannuation assets increased 19.8 per cent in the 12 months leading to 31 December 2013, raising total assets to $1.8 trillion according to the ...

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Declining equities hit super fund returns

A fall in major share markets has led to negative returns for Australian superannuation funds in January, according to Chant West. The median ...

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