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07 March 2012 • By • 1 min read

AMP takes minority stake in Futuro

AMP has taken a minority stake in Futuro Financial Services, with the dealer group to be transitioned with Charter Financial Planning in five years

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Russell to launch three fixed-income ETFs

Russell is awaiting approval for its three fixed-income ETFs, with the funds' success relying on adviser education.Russell Investments is ...

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'FOFA ready' remains priority for dealer groups

Dealer groups are continuing to develop tools to ensure their advisers are ready for the FOFA reforms.Dealer groups maintain that ensuring their ...

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FOFA allows IFAs to charge infra-fund-style fees

IFAs and their aligned counterparts are free to charge clients a collective administration fee for basic advice, Treasury says. Non-aligned ...

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Investment losses hit insurers: APRA

The insurance sector's investment revenue slid to $1.63 billion in calendar 2011 from $11.3 billion a year earlier, APRA says.Volatile financial ...

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SMSF investors consider scaled advice

The concept of scaled advice is gaining appeal among SMSF investors.Self-managed superannuation fund (SMSF) investors are joining their industry fund ...

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ATO releases super prosecution strategy

The SMSF regulator has released prosecution procedure guidelines regarding compliance breaches.The Australian Taxation Office (ATO) has published the ...

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Banks push back at ASIC over Storm

Australian banks engaged with ASIC over Storm Financial legal action have failed in their push to have their case dismissed.A number of Australian ...

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ASFA calls for stepped approach to FOFA

ASFA has released a number of proposals for the government to consider regarding the implementation of FOFA.The Association of Superannuation Funds of ...

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Oasis co-founder rejects ownership claims

An ex-Oasis executive has refuted industry and AIOFP claims regarding elements of the investment platform's sale to ING Australia.A co-founder of ...

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