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Perpetual profit sunk by $1.5bn outflows
Perpetual’s profit has fallen, with lower performance revenue and $1.5 billion in net outflows moving out from its investments business, mainly with...
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IOOF results ‘an anomaly’: Morningstar
IOOF’s plunging profits are an isolated occurrence and the royal commission has not impacted its ability to attract funds or advisers, according to ...
Conflicts of interest broader than product providers
Advisers need to consider managing conflicts of interest not just with product providers but within their own business in order to stay on the right s...
Townsville financial adviser charged
A Townsville financial adviser has been charged with dishonestly using client funds following an ASIC investigation. Write comment (10 Commen...
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CountPlus hints at more advice firms as profit grows
CountPlus has reported its profit rose by 7 per cent for the half year, with the group eyeing more potential advice firm additions for its freshly bou...
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Morningstar flags rise in ‘disconnected expectations’
New research from Morningstar shows that there’s a growing disconnect between what clients value and what advisers believe they value. ...
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AFA launches charitable grants program
The AFA has opened its AFA Foundation Grants Program for its second year, offering association members the opportunity to nominate charities from thei...
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Adviser disciplinary body legislation still in the works, says minister
The advice industry may have a little longer to wait until it sees more detail on the government’s response to the royal commission recommendation t...
