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| 29 July, 2020 |
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| Latest News |
| Money Management Original | | Limited advice canvassed for direct life/risk | | The Government and regulators should be prepared to consider a limited advice regime covering direct life sales, according to members of a Financial Services Council panel. |
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| Money Management Original | | Is the future of LIF really about choice | | Both the Financial Planning Association and the Association of Financial Advisers have signalled to the Australian Securities and Investments Commission that the future of the Life Insurance Framework has become much more complex than originally intended. |
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| Money Management Original | | Fund managers need to plan recovery in three phases | | Fund managers should be thinking about the market recovery in three phases: the virus phase, the recession phase and the recovery phase, according to a Fidelity portfolio manager. |
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| Money Management Original | | IOOF claims final class action victory | | IOOF has confirmed the final settlement of a class action brought against it related to a failed prosecution by the Australian Prudential Regulation Authority with no costs accruing to IOOF. |
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| Industry News | | Largest claims for death cover | | There were 13.4 million covers in force for death cover in 2019, with cancer being the top cause at 43%, according to data |
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| Industry News | | Lonsec expands research team | | Lonsec has announced it has made two senior hires in its research team to deepen support broader growth across the business. |
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| Industry News | | CBA announces partnerships for new digital services | | The Commonwealth Bank of Australia has partnered with Zetta Ventures Partners and Square Pegg to deliver new digital banking services, and X15 Ventures who will launch small business app Backr, with a $500 bonus for new business launched through the app. |
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| Industry News | | Westpac announces COO | | Scott Collary has been appointed as chief operating officer of its new group operating office, while group executive Gary Thursby will leave the bank early next year. |
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| Expert Analysis |
| Industry News | | COVID-19 and the future of globalisation | | The aftermath of the Global Financial Crisis paved the way for increased globalisation, writes Govinda Finn, but the COVID-19 border and trade restrictions mean this is looking unlikely to be repeated. |
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