Survey on financial literacy of directors

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The Financial Reporting Council (FRC) today released the results of its survey on the financial literacy of directors in Australia. The survey was conducted in April and May of this... Read more continue reading

ATO says: Make the most of MoneySmart Week

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The ATO is getting involved in Australia’s first ever national, not-for-profit, financial literacy awareness week – MoneySmart Week – running from 2-8 September 2012. MoneySmart Week is an Australian Government... Read more continue reading

Australians eager to find expert financial guidance

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The Financial Planning Association’s (FPA) Financial Planning Week has proved to be successful in increasing consumer awareness about the positive difference sound financial advice can make, with thousands of consumers... Read more continue reading

CIOs’ sentiment returns to positive in September quarter

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The Chief Investment Officer Index released today by the Financial Services Council (FSC) shows CIO sentiment is improving, but remains weak. The overall rating of CIO sentiment is five for... Read more continue reading

Scammers target job seekers

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So far this year the Australian Taxation Office has received more than 10,000 reports on a wide range of scams including fake job advertisements, emails and bogus phone calls. “One... Read more continue reading

ATO proposals ‘more equitable’ for SMSF trustees who break the rules

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Proposed changes to the superannuation law mean that trustees who break the rules may be treated more equitably when it comes to penalties. The current penalty system for some breaches... Read more continue reading

ASIC campaign on unlicensed credit providers

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ASIC has put credit providers on notice as it launches a surveillance campaign to weed out unlicensed operators. ASIC will conduct a surveillance campaign between September and December 2012 designed... Read more continue reading

Super contributions record strongest yearly growth since 2007

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The Financial Services Council’s Bond Report released today shows contributions to APRA regulated superannuation funds in the 2011-12 financial year recorded their strongest growth since before the global financial crisis.... Read more continue reading

ASIC’s hybrids warning: don’t be dazzled, be wary of the risks

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ASIC today reiterated its advice to consumers to be aware of the risks and complexities of hybrid securities following a number of offers to have hit the market recently. While... Read more continue reading

CSSA: FWA lacks expertise, experience to make default super calls

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Fair Work Australia (FWA) does not have the specific knowledge and necessary superannuation experience to select default super funds for inclusion in industrial awards, according to the Corporate Super Specialists... Read more continue reading