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| 07 May, 2021 |
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| Latest News |
| Money Management Original | | Worried about AMP and BOLR? Don’t ask ASIC | | The Australian Securities and Investments Commission has sought to step around tough parliamentary questioning about its views on AMP and how it has handled buyer of last resort and adviser practice valuations. |
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| Money Management Original | | 10 more AFSLs close, advisers exit | | Another 10 licensees chose to shut down, a move that represented a loss of a total of 17 adviser roles during a single week, according to HFS Consulting. |
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| Sponsored Content | | Finding growth through sustainable innovation | | More people are trying to live sustainably. The Franklin Global Equity team discuss innovative solutions to address this trend while also providing attractive growth opportunities. |
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| Money Management Research | | REITs will also see sector rotation | | As with broader equities, real estate investment trusts will also see a sector rotation as undervalued sectors hit by the COVID-19 pandemic benefit from the recovery. |
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| Industry News | | UniSuper opens to new members | | The super fund for the higher education and research sector, has announced readiness to open to new members from outside the sector from July this year. |
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| Industry News | | IOOF acquisition of MLC gets green light | | IOOF’s bid to acquire MLC, including NULIS Nominees, has been approved by the prudential regulator, and is working towards a completion date of 31 May, 2021. |
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| Industry News | | ASIC bans former adviser for falsifying documents | | Former financial adviser for ANZ and Infocus, Lisa Lee, has been banned by the corporate regulator for eight years after it found she falsely witnessed binding nomination of beneficiary forms, backdated documents, and falsified a client’s signature on documents. |
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| Industry News | | NAB’s cash earnings up in 1H21 | | A better than expected rebound in the Australian and New Zealand economies has helped drive up NAB’s cash earnings to $3.343 billion for the first half of 2021. |
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| Outsiders |
| Money Management Original | | Plenty of fizz in Douglass as he backs himself | | Outsider would never be so unkind as to repeat the rather cruel description of Magellan boss, Hamish Douglass as “the San Pellegrino of Australian funds management” just because he may not have played his absolute “A” game lately. |
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| Money Management Original | | If only advisers Persevered like Jane Hume | | “Did you know that the marginal tax rate in 1973/74 was 66%? Oh my heavens, thank goodness for the Liberal Party,” our persevering Senator Jane Hume said at the FSC Life Insurance Summit. |
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