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05 August 2013 • By Tim Stewart • 1 min read

ASIC defends Commonwealth FP handling

An unrepentant ASIC has defended the manner in which it dealt with Commonwealth Financial Planning Limited (CFPL) in a submission to the Senate ...

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PJC re-opens active/passive debate

BT Financial Group has staged a spirited defence of active management in response to questions posed by the parliamentary joint committee (PJC)

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Small platform technology wins over Perpetual SMA

Perpetual’s first venture into the separately managed account (SMA) market is available predominantly via non-institutional investment platforms – a ...

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Suncorp profit set to fall

Suncorp Group’s net profit after tax (NPAT) is expected to fall for the year to 30 June 2013, partly due to losses associated with its non-core bank

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Focus on fund returns puts investors at risk

Short-term investment strategy focused on past performance of managed funds can be detrimental to the long-term financial goals of investors, ...

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Chinese growth model 'breaking down'

There is considerable downside risk in China as it enacts structural reforms to rebalance growth, according to Standard Life Investments

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Advice heavyweights dissect death of the mid-tier

Non-vertically integrated financial planning businesses no longer make sense and it is only a matter of time before the sector disappears completely, ...

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Regulators acknowledge compliance burden

Representatives from the corporate and prudential regulators have acknowledged the difficulties industry participants have faced in upgrading their ...

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ACCC 'concerned' by Perpetual/Trust Company merger

Perpetual’s proposed acquisition of The Trust Company “may raise competition concerns”, according to the Australian Competition and Consumer ...

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Technology threatens to derail advice sector

Current regulatory change is purely a short-term issue, with technology presenting the biggest long-term threat to, and opportunity for the financial ...

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