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06 June 2012 • By • 1 min read

Bank account not needed for closed SMSFs

SMSF trustees who wind up their fund need not wait for confirmation of the process to close the associated bank account.The Australian Taxation ...

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Evidence against Trio's Flader insufficient: ASIC

ASIC has revealed there is not enough evidence to take action against Trio's Jack Flader, however, it is exploring new avenues regarding the ARP ...

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New Austock board cuts costs

Austock has begun cost-cutting action after the sale of its securities business could result in multi-million-dollar losses for the group

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ASIC working on clearer ETF labels

The corporate regulator is continuing to work on greater clarity for the different types of exchange-traded products to avoid investor ...

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Platform fee cuts at high end unlikely

Platforms servicing the higher-end market are not making any fee reductions and any move seems unlikely, a simpleWrap director says

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Provision of scaled advice to rise: report

The provision of scaled advice within Australia's financial services industry is likely to increase substantially by 2016/17.Australia's financial ...

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Weak markets hamper Pinnacle sale

Wilson will continue informal talks with parties interested in its Pinnacle business after poor investment markets hindered potential deals

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Commonwealth FP adviser agrees to EU

The corporate regulator has accepted an EU in the sixth case against a Commonwealth FP adviser.The corporate watchdog has accepted an enforceable ...

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ANZ, CBA expand advice divisions

The phone and video advice teams of two large planning groups are set to expand as part of growth plans.Two major players in Australia's financial ...

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Platform satisfaction hits nine-year high

Flexible fees are the secret to planner satisfaction, an Investment Trends survey shows.Platform providers' $130-million total investment in ...

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