Colonial First State makes major fee cuts→

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CFS and CBA have the third-largest slice of the $811 billion platforms, wraps and master fund market with an almost 15% share, after BTFG and AMP, according to Strategic Insight. This is as at December 2018.

Source: Financial Standard
https://www.financialstandard.com.au/news/colonial-first-state-makes-major-fee-cuts-135589757

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Risk Inflows Up, But Sales Down

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Quarterly data released by Strategic Insight has revealed a sluggish retail life insurance market for the 12 months to September 2018. While overall risk premium inflows (which include both new and inforce business) increased by a small margin (1.7%) during the year to September 2018, annual risk market sales fell by just over two percent.

Source: Risk Info
http://riskinfo.com.au/news/2019/01/21/risk-inflows-up-but-sales-down-2/

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