Dry powder levels at record high

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Private capital investors in Australia have a combined US$14.8bn of dry powder to deploy in the next two to three years, according to a new report by EY and the Australian Investment Council. The report − Will the rise of private capital tip the balance of investment power? – shows the growth in allocated capital for private markets in […]

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Super’s peak professional development body appoints new Directors

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The Fund Executives Association Ltd (FEAL), Australia’s peak professional development body for superannuation fund executives, today announced the appointment of Graeme Arnott and Ross Piper to its Board of Directors. Graeme Arnott has been appointed to fill a vacancy on the board and Ross Piper has been appointed to replace Doug Carmichael. Doug Carmichael has […]

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FASEA extends education credits for FPA CFP coursework

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The Financial Planning Association of Australia (FPA) is delighted to announce that its application to the Financial Adviser Standards and Ethics Authority (FASEA) to extend recognition of the CERTIFIED FINANCIAL PLANNER® coursework prior to 2003 has been approved. Advisers who commenced the CFP 1-4 program coursework to attain the FPA CFP designation after 1 July […]

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Globally recognised financial planning experts to headline 2019 FPA Professionals Congress

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A panel of leading financial planning experts from around the world will headline 2019. FPA Professionals Congress, taking place in Melbourne from 27 – 29 November 2019. The Financial Planning Association of Australia (FPA) is delighted to announce global experts Mitch Anthony (USA), Phil Billingham CFP® (UK), Janet Hugo CFP® (South Africa) and Andrew Talbot […]

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FPA members to receive tuition fee discounts from education providers

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The Financial Planning Association of Australia (FPA) has partnered with five higher education institutions to offer discounted postgraduate course fees for FPA members. The tuition fee discounts can be utilised by new, existing and part-time postgraduate students. Deakin University, Kaplan Professional, Swinburne University, TAFE NSW and The University of Newcastle are the first to confirm […]

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ASIC to review industry transition towards ending grandfathered remuneration for financial advice

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ASIC is investigating the progress of transition away from grandfathered conflicted remuneration arrangements for financial advisers. The investigation, directed by the Treasurer following the Government’s commitment to end the practice by 1 January 2021, will review the steps taken by industry participants from 1 July 2019 until the 2021 deadline. ASIC will also investigate any […]

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The future is bright: Gen Z and Y would value time with a financial planner, new FPA report finds

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New national data released by the Financial Planning Association of Australia (FPA) this week injects fresh optimism for the emerging profession, including an opportunity to give an intergenerational legacy gift of time with a financial planner to clients. The new Gifts That Give national research released to mark Financial Planning Week (19-25 August) shows an […]

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Actuaries Institute Green Paper urges retirement reform

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Three of Australia’s leading superannuation and retirement experts have urged the Federal Government to give broad scope to its pending review of Australia’s retirement system, to better integrate the Age Pension, superannuation and aged care. Dr David Knox, Dr Anthony Asher and Michael Rice, authors of the Actuaries Institute’s Green Paper, Options for an Improved […]

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Tim Costello steps down as Patron of the SMSF Association

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The Reverend Tim Costello AO is stepping down as Patron of the SMSF Association. Costello, who succeeded Sir Anthony Mason, a former Chief Justice of the High Court of Australia, in the role in August 2017, is resigning for personal reasons. Speaking on behalf of the Board, Association Chair Dr Deborah Ralston says: “The Association is indebted […]

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Code Monitoring Australia submits proposal to ASIC

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The Financial Planning Association of Australia (FPA) and a consortium of five other professional associations have filed a formal submission with the Australian Securities and Investments Commission (ASIC) on behalf of Code Monitoring Australia Pty Ltd (CMA) to advance a profession-wide solution to the monitoring of the FASEA Code of Ethics. The proactive submission provides […]

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