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19 July, 2021 |
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Latest News |
Money Management Original | FASEA standards don’t adequately recognise previous study | There needs to be a better recognition of previous study undertaken by financial planners, and in particular continuing professional development studies, according to the Association of Financial Advisers. |
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Sponsored Content | Behind the scenes of generating alpha | Learn how the BlackRock High Conviction Australian Equity Fund provides a differentiated approach to investing. Hear from the team on the trends they’re watching to help look for tomorrow’s winners. |
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Money Management Original | 8 issuers had grandfathered commissions at start of 2021 | While 96% of grandfathered conflicted remuneration arrangements have been terminated by the start of 2021, eight product issuers still have grandfathered benefits on 46 products, amounting to $24.4 million, according to a report. |
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Money Management Original | Super funds wake up to Australia’s ESG lag | There is a “seismic shift” among industry super funds to focus on carbon reporting, according to Research Affiliates, as Australia wakes up to it lagging behind the rest of the world. |
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Sponsored Content | Something has to give | Franklin Templeton Fixed Income CIO Sonal Desai discusses the US Treasuries sharp rally over recent weeks with yields dropping. She outlines 3 possible scenarios and logical implications of each. |
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Industry News | Govt announces CSLR legislation draft exposure | Draft legislation for the compensation scheme of last resort and financial accountability regime will be introduced, as well as a report from the corporate regulator on the transition away from grandfathered commissions. |
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Industry News | No charges for AMP FP alleged fee-for-no-service conduct | The Commonwealth Director of Public Prosecutions has determined that no charges should be brought to AMP Financial Planning for its conduct into the alleged fees-for-no-service conduct arising from its buyer of last resort policy. |
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Editorial |
Money Management Original | Remaining within the Royal Commission standards’ scope | Any further requirements by the Government for the financial advice sector to lift standards could lead to advisers and potential graduate entrants moving the occupation into the ‘too hard basket’. |
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InFocus |
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