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29 May 2013 • By Chris Kennedy • 1 min read

ME Bank targets adviser channel growth

The Industry Super Holdings-owned mid-tier bank ME Bank has tripled its customer deposits over the past three years with assistance from increasing ...

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New insurance data casts doubt on group risk profitability

While individual life insurance sales have continued to climb, a large cyclical drop in group risk has led to an annual decrease in the overall market ...

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SMSF establishment rates drop

Establishments of self-managed super funds (SMSFs) have decreased significantly, according to the Australian Taxation Office’s (ATO) Self-Managed ...

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Licensees called on to up EQ training

The Association of Financial Advisers has called on financial services licensees and practice principals to conduct more rigorous emotional ...

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SCT finds more trustee decisions being affirmed

The number of trustee decisions affirmed by the Superannuation Complaints Tribunal (SCT) rose to 89 per cent in the March 2013 quarter – up from 76 ...

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FOFA gives ETFs ‘level playing field’

Upcoming future of financial advice (FOFA) reforms will give exchange traded funds (ETFs) a “level playing field” for the first time against the ...

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ASIC appeals Macquarie / Storm settlement

The Australian Securities and Investments Commission (ASIC) has announced it has appealed a recent Federal Court decision to approve an $82

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Australia far from plain sailing for fund managers

Despite the constant flow of money into superannuation, operating a funds management shop in Australia is not without its challenges. Aberdeen ...

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Dangers in search for yield

Leading equity portfolio managers have warned of the dangers of investors becoming too attracted to stocks with unsustainable yields. “I think it ...

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Investors asking the wrong questions with bonds

Investors are asking the wrong questions when it comes to the bond market in the current low interest rate environment, according to a panel of ...

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