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MM Newsletter
09 Sep 2024
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Latest News
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Financial planning
Verdict in for AMP BOLR class action settlement

Members of the AMP BOLR class action have received details from the Federal Court regarding how much settlement they will receive as the case, which began in July 2020, is finally closed.

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Financial planning
FAAA concerned about lack of clear pathway presented to paraplanners

The Financial Advice Association Australia is concerned those working as paraplanners will be unaware of their ability to transition to an adviser, under the proposed new ABS occupation classifications.

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Promoted Content
Why Mutuality Powers Successful Adviser-Insurer Relationships

PPS Mutual rated Best Retail Insurer of the Year & highest Net Promoter Score (NPS) in the industry. Reflecting the benefits of the mutual model, its adviser support, service standards and product offering.

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Funds management
Perpetual appoints former FPA director to board

Having announced in its FY24 results that two directors will be retiring from the board, Perpetual has made its first new appointment.

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Financial planning
The value of consistent meetings in
advice teams

Integrating regular meetings within a financial advice team – from daily huddles to quarterly reviews – is essential for fostering sustainable long-term growth, according to Vital Business Partners.

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Promoted Content
Whitepaper: How Advisers are embracing active management for clients

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Financial planning
ASIC exam pass mark falls to 2022 lows

ASIC has released the percentage of candidates who passed its August financial advice exam, with the volume dropping to the lowest since November 2022.

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Funds management
Financial gender equality slips in June quarter

The Financy Women’s Index experienced a decline in the past quarter, despite positive gains made in the March quarter, due to setbacks in employment outcomes for women.

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Feature
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Features
Combined AMP/Entireti practices to create
mega licensee

Once the AMP advice sale to Entireti is completed, the size of the combined licensees will be almost double that of the second-largest licensee Count, and the deal is being positively received by commentators and shareholders.

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