Philanthropic investment on the rise among wealthy Australians

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Australian Philanthropic Services (APS) recently announced the achievement of a significant milestone in Australian philanthropic investment, with the creation of the 1000th Private Ancillary Fund (PAF). One thousand individuals, families... Read more continue reading

Pengana – retreat to index funds and low-cost options are robbing portfolios

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Reducing MERs with index funds is not the best solution to volatile investment markets. The purpose of index funds and ETF’s are being misused by placing too many of the... Read more continue reading

Australian wealth leaders unite under advice professionalism banner

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Fitzpatricks Private Wealth today announced the appointment of respected wealth management professionals Mr Chris Cuffe and Mr John McMurdo to its Board of Directors, ahead of plans to extend the... Read more continue reading

AMP to take SMSF market lead with creation of new business unit

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AMP Limited has established a new business unit to expand its presence in the fast growing self-managed superannuation funds (SMSF) market following a strategic SMSF review by the company. The... Read more continue reading

My Dealer Group: wooing advisers means offering platform choice

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In order to attract and retain advisers, licensees will need to offer choice of platform on their Approved Product Lists (APLs) according to Pinnacle Practice Director, Anne Fuchs. “The number... Read more continue reading

Accounting exemption removed: focus shifts to licensing

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With the Federal Government’s announcement that it will remove the exemption that allowed accountants to advise clients on setting up a self-managed superannuation fund (SMSF), licensing becomes a critical issue... Read more continue reading

Irish Infrastructure Fund completes first investment in renewable sector

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The Irish Infrastructure Fund has acquired a controlling stake in a portfolio of wind farms in the Republic of Ireland and Northern Ireland. The portfolio, previously wholly owned by the... Read more continue reading

Australian Ethical board wins against dissidents

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Australian Ethical Investment Limited (AEI) shareholders have voted to reject all resolutions put to a general meeting called by a small group of dissident shareholders.  All 10 resolutions were rejected by... Read more continue reading

REIA forges new partnership with Bendigo and Adelaide Bank

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The national voice of Australia’s real estate sector, the Real Estate Institute of Australia (REIA) has entered into a new partnership agreement with Australia’s leading customer-connected banking group, Bendigo and... Read more continue reading

Boutique wealth manager shuns sign-on bonuses

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Perth-based dealer group Plan B Wealth Management today announced the appointment of two new advisers, in line with its strategy of growth through the attraction of high quality, experienced professionals.... Read more continue reading