Costlier degrees another impost for hard-pressed advisers With the cost of Commerce-related degrees rising by 28% the Association of Financial Advisers is pointing to additional impact on a planning industry already hit by adviser exits. For more.

De Ferrari told blame yourself, not AMP planners Plaintiff law firm, Slater and Gordon has claimed AMP Limited has only itself to blame for exposure to class action lawsuits, not its financial planners. For more.

Keep super compulsory – says new white paper Australians have much to gain from the Government keeping superannuation compulsory and plenty to lose if it does not, according to a new industry white paper. For more.

Schroders reduces fees The firm is reducing its management fees across 16 funds in October to ensure its fee levels are competitive. For more.

Equity investors need more 'yield agnostic' strategies The looming dividend cuts have stressed the danger for equity investors relying on dividend yields alone, according to First Sentier Investors. For more.

IPL enters agreement with adviser Wealth Today Managed discretionary account provider Implemented Portfolios Limited has entered into agreement with adviser group Wealth Today to provide individual managed accounts. For more.

CountPlus member firm completes acquisition CountPlus member firm Twomeys has acquired client accounting-based services Cultiv8 Accounting. For more.

FSC and insurance review call for insurance tax abolition Stamp duty on life insurance is one of the most inefficient taxes in the economy and cost Australians $644 million in 2018/19, according to the Financial Services Council. For more.

AFCA bans paid representative from lodging complaints MCR Partners has been banned from lodging complaints under the first invocation of rule 2.2, which excludes complainants represented or assisted by an agent receiving remuneration. For more.

Societe Generale pleads guilty The firm has pleaded guilty to four counts of client money breaches, each carrying a maximum penalty of $45,000. For more.

Equity Trustees appointed super trustee for AMP Life Equity Trustees Superannuation has been appointed as superannuation trustee for AMP Life’s superannuation funds and will replace current trustees. For more.

Dransfield to depart Suncorp as firm restructures Gary Dransfield, chief executive, insurance (Australia) is to leave Suncorp, as the firm undergoes a leadership restructure. For more.

The law of 'quant' amid a global pandemic With investors forced to navigate unpredictable stockmarkets, and with a global recession looming, it is an environment where the investing methodology that is quantitative investing comes into its own, writes Max Cappetta. For more.