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11 June 2014 • By • 1 min read

Bridges picks up CUA financial planning arm 

Credit Union Australia’s financial planners will be brought under the IOOF umbrella, as aligned licensee Bridges Financial Services agrees to purchase ...

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AGMs ‘irrelevant’ for shareholders

Annual general meetings (AGMs) in their current form are “virtually irrelevant”, with only 0.5 per cent of large company shareholders attending, ...

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Victorian adviser banned for deceptive conduct

ASIC has banned Sebastian Konjevic, a client adviser of UBS AG between September 2005 and April 2013, from providing financial services for five years

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Investors 'optimistic' about credit markets

Australian asset owners and managers are expected to invest more in credit markets this year despite market uncertainties and the contraction in ...

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Merrill Lynch Equities fined by ASIC

ASIC's Markets Disciplinary Panel (MDP) has penalised Merrill Lynch Equities for placing an erroneous order into the ASX Trading Platform which ...

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AllianceBernstein targets non-aligned distribution

AllianceBernstein is looking to broker deals directly with non-aligned financial planning groups, bypassing the ratings house process and platform ...

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FSC accuses FWC of ‘churning’ experts

By “churning” through members of its expert panel, the Fair Work Commission risks “fundamentally undermining the process” by which it selects default ...

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Federal Court rejects S&P appeal

The Federal Court has ruled Standard and Poor’s (S&P), ABN AMRO and Local Government Financial Services (LGFS) are 100 per cent liable for damages ...

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Tax implications hitting fund returns

Fund managers need to consider how the fund’s investment strategy influences tax outcomes because this can substantially affect cash returns, ...

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FTSE index to include China A-shares

Indices and data services provider FTSE Group has launched a set of benchmarks that will enable market participants to include China A-shares in ...

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