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06 July 2017 • By • 1 min read

IOOF forms consultancy partnership with Mercer

IOOF has announced it has appointed Mercer Australia as its asset consultant after finishing its relationship with Russell Investments at the end of ...

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Netwealth brings new SMA managers on board

Netwealth has announced it has broadened its retail managed account menu with the addition of two new managers. Elston Asset Management and Quilla ...

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ASIC clarification splits advice sector

Financial advice groups affected by ASIC’s clarification of section 923A of the Corporations Act have diverged into two camps on how to respond to the ...

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FPA education proposal gets member support

A proposal from the Financial Planning Association put to the government’s new adviser education standards body has received broad approval by its ...

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More competition will reduce super fees: FSC

The Financial Services Council says increased competition within Australia’s superannuation sector could save members $292 million in fees, meaning ...

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Managed funds being ‘dressed up’ as SMAs

Advisers are increasingly using SMAs that replicate managed fund model portfolios, but they could be exposing clients to large tracking errors, warns ...

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Large caps doing it 'tough' , says Zenith

Large-cap Australian share funds are underperforming the benchmark and enduring their toughest relative return period in years, according to Zenith ...

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ASIC cracks down on opaque super websites

The corporate regulator has issued a warning to 21 superannuation funds that have fallen short of their transparency disclosure requirements

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BNY Mellon entity secures Chinese approval

BNY Mellon Investment Management has announced it has received approval from a Chinese government department as the final step to incorporating an ...

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RBA keeps rates on hold in July

The Reserve Bank of Australia (RBA) has kept the official cash rate on hold at 1.5 per cent. The RBA's decision to keep the official cash rate on ...

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