Shareholders support Homeloans parent company being renamed Resimac Group Limited

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A majority of Homeloans Ltd (ASX:HOM) shareholders yesterday voted in support of the leading non-bank mortgage provider’s parent company being renamed Resimac Group Limited. The vote at the company’s Annual General Meeting in Sydney smooths the way for the Homeloans and RESIMAC Limited flagship brands to be unified under a new incarnation of the Resimac […]

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FASEA CEO takes to stage and fields Q&A at FPA Congress

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The CEO of the Financial Adviser Standards and Ethics Authority (FASEA) took to the FPA Congress stage at the ICC in Sydney this morning to a crowd of about 1,400 financial planning professionals eager to hear the latest education and policy reform updates direct from the recently appointed leader of the Government regulator. It was […]

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Ignition Advice global finalists in 2018 Banking Technology Awards

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The Banking Technology Awards have announced the finalists for 2018, including Ignition Advice as a finalist in the category Best Use of IT in Private Banking / Wealth Management. The Awards recognise excellence and innovation in the use of IT in financial services worldwide, and the people who make it happen. “This is an exciting […]

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Platform outlook strong

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Challenger platforms will continue to benefit from industry concerns around integrated wealth management, according to Powerwrap Limited CEO Will Davidson. Mr Davidson told the Powerwrap annual general meeting in Melbourne today that net funds flows were favouring the non-aligned platforms. “Headwinds from the Royal Commission’s scrutiny of the vertically integrated wealth management business model have […]

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Insurer grows team, as MetLife Protect gains momentum

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MetLife Australia has announced four new appointments to the retail sales team, as the recently launched MetLife Protect retail product gains momentum in the adviser market. MetLife has made key hires across the country bringing the sales team to 10, recruiting: Marcus Chan, Sales Manager New South Wales Aaron Nugent, Sales Manager Queensland Patrick Murphy, […]

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JCB appoints ex Hong Kong Monetary Authority portfolio manager as its Deputy CIO

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Jamieson Coote Bonds (JCB), specialist high grade bond manager, has hired ex Hong Kong Monetary Authority portfolio manager, Duangjai (Kate) Samranvedhya as its new Deputy Chief Investment Officer. Kate will provide input into the management of the domestic high grade bond strategy as well as manage JCB’s global strategy. JCB Executive Director and Chief Investment […]

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Strong start for new Future2 Foundation Chair

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The Future2 Foundation welcomes its new Chair, Ms Petra Churcher, AFP® to lead the philanthropic arm of the Financial Planning Association of Australia (FPA) into the next chapter of its work helping disadvantaged young Australians. More than $1 million has been contributed by the Future2 Foundation, to benefit disadvantaged young people across Australia since its […]

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AMP and Griffith University unite to offer advisers FASEA pathways

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AMP and Griffith University have expanded their joint education offering to help financial advisers meet the FASEA education standards, including a bachelors’ degree, postgraduate courses for existing AMP advisers and scholarships for talented students. AMP is also offering its advisers a free, online training course to prepare them for postgraduate study. The Financial Adviser Standards […]

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DomaCom Senior Equity Release clears final regulatory hurdle after 6 years  

DomaCom is pleased to announce that ASIC has issued a relief instrument that will allow the company to deliver an equity release product for the ageing retiree cohort who are asset rich and cash poor. DomaCom CEO, Arthur Naoumidis said, “This is a major milestone for DomaCom as we have been working with ASIC for […]

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Global dividends surge, set third-quarter record – Australian dividend payouts lag global peers

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Q3 delivered another excellent quarter for global dividends as the continuing strength of the world economy boosted corporate profitability around the world, according to the latest Global Dividend Index from Janus Henderson. Globally, payouts rose 5.1% to a comfortable third-quarter record of US$354.2bn. The United States, Canada, Taiwan, and India all saw all-time record quarterly […]

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