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05 December 2011 • By Samantha Hodge • 1 min read

MLC hits $14b in FUM

MLC Implemented Consulting has reached $14 billion in funds under advice and has added nib to its list of health insurance clients.Contributing to ...

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Vow Financial launches Vow Legal

Financial services group Vow Financial has launched Vow Legal, which gives conveyancing and related legal services for its broker and financial ...

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Shorten encourages financial services growth

The economy should feed sub-sector growth as it emerges from the GFC, Assistant Treasurer Bill Shorten says.Australia needs to be ...

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Tyndall parent cancels US$2bn IPO

Nikko's parent cited Europe's growing debt woes in the decision to scrap the sale of the 30pc stake.Tyndall Asset Management is conducting its ...

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Labor govt committed to FOFA

Bill Shorten has reaffirmed his government's commitment to FOFA in light of Coalition calls to delay reform implementation.The federal government has ...

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Bonds will assume greater role in portfolios

BlackRock head says fixed income will be more important as retiree cohort grows.Higher than usual market volatility should cause investors with ...

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Pension rules likely to change again

The rules governing pension practices may be amended again before the end of the financial year.The Australian Taxation Office (ATO) has indicated the ...

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Coalition calls on govt to delay FOFA date

Senator Mathias Cormann has called for the government to delay the start date of its FOFA reforms.The Coalition has called on the Labor government to ...

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AFS chairman backs Daly

The chairman and board of AFS is standing by Peter Daly as dealer group chief.The chairman of AFS Group (AFS) continues to back Peter Daly as chief ...

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Impending retirees positive for advisers

Advisers need to understand retiree segments to benefit from ageing baby boomers.Australians retiring in 2012 will provide business ...

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