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16 September 2011 • By • 1 min read

Rice Warner defends opt-in costing

Rice Warner stands by its costing and calculation of its $11 opt-in figure.Researcher Rice Warner has defended its $11 opt-in cost estimate after ...

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Perpetual FUM slides $1.2bn

Perpetual's FUM decreased in August as institutional clients withdrew money and markets tumbled.Financial services group Perpetual's funds under ...

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Ex-Praemium chief eyes online advice

Arthur Naoumidis says his next venture will provide piece-by-piece advice to consumers through social media.Former Praemium chief executive Arthur ...

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ATO clarifies super gearing rules

Limtied recourse borrowing arrangements within super funds are now less ambiguous due to a new draft ruling from the tax office.The Australian ...

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ASIC scales back Westpoint compo actions

As ASIC's Westpoint compensation actions come to a close, the corporate regulator has rolled back its involvement.ASIC has scaled back its ...

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Kardinia fund to enter retail market

The Kardinia Absolute Return Fund's minimum retail investment will be $10,000 to $25,000.The Bennelong Kardinia Absolute Return Fund planned to ...

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Cost of insider trading falls to US$3.4bn

Asia-Pacific markets have half the integrity of US markets and a quarter of the efficiency.Insider trading, market manipulation and other illegal ...

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ASIC to scrutinise 30 dealer groups

After reviewing the practices of the top 20 AFSLs, the corporate regulator will question the next 30 largest groups.ASIC is expected to grill a ...

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Macquarie Life simplifies medical assessments

Macquarie Life has provided advisers with an improved facility for medical assessment processes through a new partnership.Macquarie Life has improved ...

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Westpoint fund distribution close

The liquidator of a Westpoint subsidiary could release details of a dividend to investors later this month.A federal court judge has paved the ...

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