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| 04 February, 2022 |
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| Latest News |
| Industry News | | Industry loses over 300 advisers in a week | | The number of advisers slipped by a further 319 in a single week, bringing the overall number to 17,282 and in line with the forecast, according to Wealth Data, but provisional advisers saw an uptick. |
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| Sponsored Content | | Why Retirees Need A Certain Confidence | | Retirees should be able to sleep easy at night knowing their sharemarket-exposed capital is protected against market falls. Their confidence shouldn’t go up or down on the whims of sharemarkets. |
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| Industry News | | Future is bright for LIC space | | The listed investment company space could be a “holy grail” for investors who are increasingly seeking exposure to illiquid alternative assets such as infrastructure and private equity. |
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| Industry News | | Synchron appoints compliance GM | | Synchron has appointed Phil Osborne as general manager, compliance, bringing 30 years of experience in financial services to the compliance team. |
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| Industry News | | Allan Gray reduces fee structure | | Contrarian asset manager Allan Gray Australia has reduced its fee structure with Allan Gray Investments fees for balances above $50,000 falling from $375 to $265 per annum while balances above $1 million falling from $2,125 to $1,675 per annum. |
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| Industry News | | BetaShares to launch e-commerce ETF | | Targeting the online shopping and e-commerce megatrend, BetaShares will launch its Online Retail and E-Commerce exchange traded fund in mid-February, subject to regulatory approval. |
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| Industry News | | RI Advice to pay $6m penalty | | The Federal Court has ordered RI Advice Group to pay a $6 million penalty for failing to take reasonable steps to ensure that its authorised representative provided appropriate financial advice. |
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| Industry News | | Former APRA board member joins Zurich | | Zurich Australia and New Zealand has announced the appointment of former Australian Prudential Regulation Authority executive board member Geoff Summerhayes to its suite of boards. |
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| Industry News | | Westpac slashes headcount in $8b cost-cutting effort | | Westpac has reduced headcount by more than 1,100 people in the past quarter, contributing to a $191 million decline in expenses, as it brings forward its simplification plans to cut costs by $8 billion by 2024. |
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| Outsider |
| Money Management Original | | Putting family first | | Being close to retirement, Outsider and Mrs O have been keeping their eyes on decumulation products and window shopping their options. |
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| Money Management Original | | A memorable appearance | | Appearing before the Senate economics committee via video link with all the associated technical difficulties and political grilling must be a nerve-wracking experience, Outsider can imagine, but it surely can’t be helpful or reassuring for you if the committee cannot remember your name. |
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| Money Management Original | | Free lunch, eye contact not included | | Outsider is delighted to tell our faithful Money Management readers that he has finally scored his first free lunch since the 107-day Sydney lockdown. |
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