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25 February 2011 • By • 1 min read

No full fiduciary obligations for advisers

Financial planners won't be saddled with a full fiduciary duty obligation to their clients under the new FoFA reforms.  The Government's ...

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AFA secures 25 per cent of Make a Plan funds

The AFA's financial planning awareness campaign is on track for the second half of the year.The Association of Financial Advisers (AFA) remains on ...

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CommInsure, Tower share award honours

CommInsure and Tower have been named joint winners of the 2010 risk insurer of the year award.CommInsure and Tower have been named joint winners at ...

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Equities boost super fund returns

Strong gains in growth assets could push the median growth option to double-digit returns, new research shows.Double-digit returns could be on ...

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Auditor independence on ATO radar

The ATO's compliance checks on SMSFs picks up on a lack of auditor independence in a significant number of cases.The Australian Taxation Office's ...

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Planners liable for information and advice

Advisers can be sued for negligence even if they believe they provided only information to an investor on a product.Financial advisers can be taken to ...

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Advisers may need to change SMSF set up procedure

Advisers may need to change their set up procedures to comply with new ATO policy.SMSF advisers may need to change the method they use to set up new ...

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Super union opt-in comments alarmist: FPA

The peak advice body has stated it is tired of the industry funds' one-track agenda over opt-in.The FPA has labelled comments by sections of the trade ...

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Sonray chief pleads guilty

Sonray Capital Markets chief executive Scott Kenneth Murray has pleaded guilty to 10 charges following an ASIC investigation.Sonray Capital ...

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ADPIA hires chief executive

ADPIA has brought a chief executive on board to focus on enhancing relationships with industry bodies such as the FPA.The Australian Direct ...

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