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21 February 2014 • By Tim Stewart • 1 min read

Make ASIC more 'proactive': FOS

ASIC would benefit from some of the more "proactive mechanisms" enjoyed by the UK regulator, according to Financial Ombudsman Service (FOS) chief ...

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Advisers exposed to ‘unreasonable' claims

The Governance Institute has penned a submission to Treasury calling for the incorporation of an “onus of proof” into the FOFA best interests duty

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AMP treads water in 2013

A 16 per cent increase in wealth management operating earnings was one of the few highlights of a fairly lacklustre full-year result for AMP

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Super assets hit $1.8 trillion

Superannuation assets increased 19.8 per cent in the 12 months leading to 31 December 2013, raising total assets to $1.8 trillion according to the ...

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Declining equities hit super fund returns

A fall in major share markets has led to negative returns for Australian superannuation funds in January, according to Chant West. The median ...

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Developed markets set for higher GDP growth

Threadneedle Investments believes the strength of the global economic recovery will result in higher than expected GDP growth for both the US and the ...

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ASIC boss ‘worried’ about financial advice

ASIC chairman Greg Medcraft has aired his concerns about the financial advice sector in front of a Senate inquiry, labelling it “one of the riskier ...

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'FOFA repeal’ claims rubbished

Industry Super Australia’s criticism of the government’s proposed amendments to FOFA has been dismissed as ‘over the top’ and ‘hyperbole’ by a ...

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China concerns ‘misplaced’: AMP Capital

While increasing debt levels and the growth of the Chinese shadow banking sector pose risks for China, AMP Capital believes these risks are ...

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Appetite for smart beta doubles: Towers Watson

The clients of Towers Watson invested more than twice as much in 'smart beta' strategies in 2013 as they did they the year before, according to data ...

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