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26 August 2014 • By • 1 min read

Retirement income system 'inconsistent'

Australia lacks a "coherent approach" to its retirement income system and requires a comprehensive policy framework, argues the Actuaries Institute

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CBA appoints former judges to advice review panel

The Commonwealth Bank has bolstered the review panel investigating advice delivered to Financial Wisdom and Commonwealth FP clients with the ...

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Bad bank debts continue to decline

The latest reporting season has seen a further decline in bad debt charges for the banks, with bad debts now stabilising at low levels, according to ...

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CBA tops customer satisfaction survey

CBA has retained its top spot for customer satisfaction despite the negative publicity around its financial planning businesses, a Roy Morgan survey ...

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Murray criticises planner compensation

There is no current 'best practice' model in Australia when it comes to financial planner compensation and incentive alignment, argues FSI chair David ...

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Morningstar backs AMP for growth

AMP's vertically-integrated business model, combined with the largest financial planner network in Australia, leaves the company well positioned for ...

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IOOF reports $101m profit

IOOF Holdings has reported a $101.3 million in net profit for the 2014 financial year, following a record net funds inflow of $1.4 billion into ...

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Centrepoint Alliance back in the black

Centrepoint Alliance has seen a strong improvement in its performance, with profits rising 142 per cent to $3.3 million from last year’s $7.8 million ...

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SMSF admin key for platforms

The number of SMSF trustees who use a specialist SMSF administration platform jumped by 30 per cent in the past year, according to Investment Trends

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MyState profit up 4 per cent

Banking and wealth management group MyState has announced a net profit after tax (NPAT) of $29.6 million for the year to June 2014, up 3.9 per cent on ...

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