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28 October 2013 • By • 1 min read

Insurance Council of Australia castigates FOS

The Insurance Council of Australia (ICA) has taken the Financial Ombudsman Service (FOS) to task over its inefficiency, lack of guidelines and overly ...

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Crown appeal sounds warning over adviser jail prospects

An adviser who had originally received a suspended sentence for dishonest conduct will now serve at least one year behind bars, as regulators look to ...

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AMP platforms surge as life struggles

AMP more than doubled its third quarter retail net cash flows, but lapses have hurt its life business. The third quarter of 2013 saw $567 million ...

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Equity Trustees still acquisitive

Equity Trustees is “still very keen” to acquire The Trust Company, and will continue to actively pursue the company as long as it makes “economic” ...

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ASIC power blocks super collaboration: ASFA

Despite its limited engagement with the superannuation industry, the Australian Securities and Investments Commission’s (ASIC’s) “substantial powers” ...

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FSC rejects record-keeping proposals

The Financial Services Council (FSC) has balked at the Australian Securities and Investments Commission's (ASIC’s) proposal that licensees, rather ...

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Government legislates superannuation cuts

A delay to the increase in the superannuation guarantee (SG) and the repeal of low income superannuation contribution (LISC) measures as part of the ...

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Behaviour shifting as investors go direct

The allure of lower fees, income generation and capital growth are the top three motivators for people who invest directly, according to CoreData ...

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AMP Capital makes dedicated SMSF play

AMP Capital has made a key appointment as it looks to directly target the self-managed super fund (SMSF) space with its funds management business

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RRE adopts active real estate investment strategy

Resource Real Estate Global Property Securities (RRE GPS) has implemented what it says is a unique approach towards global real estate investment by ...

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