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29 May 2013 • By • 1 min read

BOQ and Macquarie settle with Storm investors

The Bank of Queensland (BOQ), Senrac Pty Ltd and Macquarie Bank have agreed to pay $1.1 million to two Storm Financial investors in an out-of-court ...

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Enshrinement Bill clears House of Reps

Coalition concerns over the necessity of enshrining the terms ‘financial planner’ and ‘financial adviser’ in corporations law were not enough to ...

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Midwinter relaunches into the cloud

Financial planning software provider Midwinter has unveiled a new offering the company has named AdviceOS, which moves an adviser’s client ...

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ISN outlines infrastructure plans

The Industry Super Network (ISN) has outlined plans to increase investment in Australian infrastructure, expecting to channel $15 billion into the ...

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Retail market jumps 9.5 per cent in March quarter

The first quarter of 2013 saw the combined retail and wholesale market grow its funds under management/advice (FUM/A) by 4.6 per cent to $869 billion, ...

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Super needs to evolve due to longer retirements

The increasing cost and length of retirement means few people are likely to have adequate retirement savings and the superannuation system needs to ...

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ME Bank targets adviser channel growth

The Industry Super Holdings-owned mid-tier bank ME Bank has tripled its customer deposits over the past three years with assistance from increasing ...

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New insurance data casts doubt on group risk profitability

While individual life insurance sales have continued to climb, a large cyclical drop in group risk has led to an annual decrease in the overall market ...

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SMSF establishment rates drop

Establishments of self-managed super funds (SMSFs) have decreased significantly, according to the Australian Taxation Office’s (ATO) Self-Managed ...

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Licensees called on to up EQ training

The Association of Financial Advisers has called on financial services licensees and practice principals to conduct more rigorous emotional ...

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