Macquarie culls a quarter of its financial planners during ASIC enforcement
Macquarie Private Wealth (MPW) has culled around a quarter of its financial planners in the last two years, according to Peter Kell, deputy chairman of the Australian Securities and Investments Commission. The investment bank employed 600 financial advisers in 2012, but this number has now fallen by 25 per cent – and possibly further, if



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