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22 May 2013 • By • 1 min read

Former Lonsec stockbroking head convicted

The former head of Lonsec stockbroking, Norman John Graham, has been convicted of insider trading. In March this year Mr Graham, 53, pleaded guilty ...

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Annuities capital available in private sector: Challenger

The private sector is more than capable of providing the capital required to back a thriving annuities market, according to Challenger Life chief ...

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Super satisfaction up, engagement flat

Super fund member satisfaction rose strongly over the past year, but member engagement barely moved and industry fund advice take-up remained low, ...

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APRA ambiguity in calculating risk margins

There is a lack of consistency in the calculation of risk margins, caused in part by failure of the Australian Prudential Regulation Authority (APRA) ...

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Life sector profits rise 17 per cent, revenue doubles

The Australian life insurance industry saw a $3 billion net profit after tax for the year to 31 March 2013. The profit was up 17 per cent from the ...

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Operational risk the next FOFA hurdle

Advice businesses running their own model portfolios will now face operational risks stemming from the Future of Financial Advice (FOFA) legislation’s ...

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Actuaries miss value-add opportunities

Actuaries are missing opportunities to add value in the financial services industry, according to a panel of experts. Speaking at the 2013 ...

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Rubik takes remainder of COIN

Rubik Financial will be the sole provider of COIN software after agreeing to acquire Visor Desktop from Macquarie. Visor is based on Rubik’s COIN ...

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Regulatory concerns over PI insurance

With a wave of regulation about to hit the financial services industry, there are some concerns from financial planners and industry associations ...

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Insurance industry in the 'dark ages'

According to a leading insurance company, the insurance industry has not had enough product innovation and has not embraced technological changes

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