Vertical (dis)integration – are you conflicted?

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Many financial advisers don’t think they have a conflict of interest, but they might be wrong. Thanks to the Royal Commission, everybody is talking about vertical integration and in-house conflicts. We explain what this means and highlight four things you can do to manage conflicts effectively. I’m a financial adviser. Am I conflicted? Probably. Vertically […]

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ASIC provides update on further reviews into fees-for-no-service failures

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ASIC yesterday released an update on the fees for no service (FFNS) further review programs undertaken by six of Australia’s major banking and financial services institutions. ASIC’s ongoing supervision of the review programs undertaken by AMP, ANZ, CBA, Macquarie, NAB and Westpac (the institutions) has shown that most of the institutions are yet to complete further […]

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Digital engagement channels show continued growth: Online Broking Report

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Specialist researcher Investment Trends has released its 2018 2H Online Broking Report, an in-depth study of the attitudes and behaviours of online equities and ETF investors in Australia. Trends highlighted in the report: More Australians are investing despite choppy market conditions. Digital engagement channels continue to grow in importance. Investors embrace advancements in consumer technology. […]

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OnePath showcases innovation across Group Life business

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ANZ has welcomed corporate clients, super-fund trustees, insurance brokers and financial advisers to its OnePath Group Insurance innovation roadshow to demonstrate the improvements it is making in client experience. The innovation roadshow is being held in state capitals to highlight a range of enhancements for clients as a result of ongoing investment and innovation in […]

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Search for income prompts launch of credit fund

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Natixis Investment Managers (Natixis) yesterday announced that its flagship global multi-asset credit strategy is to be made available to Australian wholesale investors via a new local investment fund, the World Multi-Asset Credit Fund (the Fund). The Fund replicates the world credit asset strategy which currently has $US2.9 billion in funds under management and was launched […]

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Weekly market update – week ending 8 March 8, 2019

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Investment markets and key developments over the past week US, Eurozone, Japanese and Chinese shares fell over the last week on worries about global growth, but Australian shares pushed slightly higher on increasing expectations for rate cuts offsetting, for now, the negative impact of slowing growth. Bond yields fell as the ECB announced more monetary […]

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Women are at least 12 years from financial equality

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Economic equality is unlikely to be achieved until at least 2031 despite women making record progress in the March quarter, according to the latest Financy Women’s Index. The Women’s Index, which measures the economic progress of Australian women on a quarterly basis, rose 1.9 points to 122.7 points in the March quarter, up from a […]

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Nearly a quarter of working Australian women are experiencing a mental health condition

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Working Australian women are far more likely than men to experience a mental health condition in their lifetime. According to research from SuperFriend, the workplace mental health and wellbeing partner for the superannuation and insurance industry, more than two thirds (68%) of women experience a mental health condition before the age of 25. The Gender […]

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Legg Mason ethical funds approved by RIAA

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Responsible Investment Association Australasia (RIAA) has approved two Legg Mason investment  funds – the Legg Mason Martin Currie Ethical Income Fund and the Legg Mason Martin Currie Ethical Values with Income Fund – as Certified Responsible Investments. RIAA is the peak industry body representing responsible, ethical and impact investors across Australia and New Zealand. Its Responsible Investment Certification […]

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FPA launches Return to Learn online education hub to help financial planners navigate FASEA standards

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The Financial Planning Association of Australia (FPA) has launched Return to Learn, an online education portal designed to cut through misinformation and confusion about FASEA’s higher education requirements. Released this week after months of rigorous testing, the Return to Learn education portal promises easy access to accurate information on the latest education and ethics policy developments and implications, […]

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