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06 July 2011 • By • 1 min read

Licensee demand prompts audit program

An online auditing program to help Australia's advisory sector determine how FOFA ready they are will be released next week.Demand from financial ...

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Over-50s fearful of longevity risk

Serious concerns about longevity risk are being expressed by Australians over 50.The majority of Australians approaching retirement have grave fears ...

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Fee-for-service highlights cost gap

ANZ Wealth has become the next large institution to tackle financial planner transition to a fee-for-service model.Australia's financial ...

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ASIC suspends Seagrims licence

After discussions with ASIC and due diligence, Wealthsure has agreed to provide financial advice to Seagrims' 4000 clients.ASIC has suspended the ...

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BT Wrap adds tax bells and whistles

BT Wrap's early warning system tells advisers if a planned trade erases tax concessions.BT Wrap has launched tax and trading tools aimed at ...

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Trio CEO banned for 15 years

The corporate watchdog says Rex Phillpott and Natasha Beck failed in their duties as responsible entities of Astarra.ASIC has banned former ...

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Growing an advice house through scale

Scale has long been viewed as a remedy to planning businesses' aches and pains. Fiona Harris examines the state of play in industry growth.Over the ...

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CFS launches long-term deposit for platform users

Colonial First State (CFS) has introduced a long-term deposit product for its FirstChoice and FirstWrap platform users.CFS said demand for more ...

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Legg Mason offers retirement income funds

Legg Mason has unveiled two funds aimed at providing stable income for retired people. The Legg Mason Australian Real Income Fund invests largely in ...

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Aust needs twice as many planners: FPA

Australia could face a shortage of planners, associations say.If planning industry marketing campaigns succeed in convincing more Australians to get ...

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