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23 August 2010 • By Julie May • 1 min read

AMP expands IFA protection team

AMP has recruited seven new people to its independent financial adviser (IFA) protection team in response to an increase in demand for its enhanced ...

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Dealers, new advisers benefit from client book sales

The purchase of passive client books is creating lower-cost options for newer advisers looking to grow their businesses.More dealer groups are ...

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Offshore fund manager expands into Australia

Offshore fund manager Neuberger Berman Asia has further expanded into the Australian marketplace with the appointment of Lucas Rooney to its insto ...

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Ipac invests in catastrophe insurance

Ipac Asset Management has awarded a $50 million mandate to the Palmetto Australian Unit Trust, a fund that invests in insurance-linked securities

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SPDR ETFs surge to $3 billion

State Street Global Advisors' (SSGA) range of SPDR exchange-traded funds (ETF) in Australia has reached $3 billion in funds under management (FUM)

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Sell AMP Equity Fund: S&P

Standard & Poor's Fund Services has put a sell rating on the AMP Capital Equity Fund following the resignation of the fund's financials and listed ...

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FirstWrap set for boost

Colonial First State (CFS) is set to add key features to FirstWrap after the platform's funds under advice surpassed $1 billion, CFS general manager ...

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Goldman Sachs hit by CIO resignation

Standard & Poor's Fund Services (S&P) has placed Goldman Sachs Asset Management's (GSAM) Income Plus Wholesale Fund on hold following the ...

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Are LICs worth the trouble?

With markets recovering, financial advisers are looking for better ways to invest clients' money, including the use of listed investment companies

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The day after tomorrow

Four politicians, about a week out from an election and nothing new was said.This may be a pretty basic observation from the recent Financial Services ...

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