SPAA calls for ‘opt out’ solution to prevent excess super contributions

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SPAA Treasury submission says employees who can prove they are at risk of a contribution cap breach should be able to opt out of SG contributions in advance Superannuation fund... Read more continue reading

Disillusionment with traditional investment practices results in increased support for responsible investment

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Responsible investment is the preferred approach for an increasing number of institutional and individual investors as an alternative to conventional investment practices evidenced by: a 10% increase in managed responsible... Read more continue reading

Report supports need for Asia Funds Passport on APEC agenda

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A joint research report by the Financial Services Council of Australia and PwC shows Australia is one step closer to gaining access to the rapidly growing investment markets across Asia.... Read more continue reading

SPAA supports Jeremy Cooper’s comments on high competencies and quality investors in SMSF sector

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SPAA has pushed for higher standards of SMSF advice and audit through the Cooper Review and Future of Financial Advice Reform (FoFA) legislative process and has contributed to trustee education.... Read more continue reading

ACSA appoints Paul Cutts as chair

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Australian Custodial Services Association (ACSA) – the peak body for Australia’s custodial and investment administration sector – has announced Paul Cutts, Managing Director of the Northern Trust Company Australia &... Read more continue reading

AIOFP’s Board Response to FOFA

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DRAFT A Discussion Paper Presented to Minister Bill Shorten 1. Fiduciary Duty While there is currently no statutory fiduciary duty, the vast majority of advisers already behave in a manner... Read more continue reading

Proposed Changes to the Australian Financial Services Industry

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DRAFT A Discussion Paper Presented to Minister Bill Shorten 1.1    The objective of this paper is to highlight some issues that exist in the Australian financial services industry that may... Read more continue reading

Shorten shows he’s listening

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Bill Shorten, Assistant Treasurer and Minister for Financial Services and Superannuation has already demonstrated that he is a true advocate of the financial services industry, focused on ensuring that the... Read more continue reading

Katherine Hunt is AFA’s Student of the Year

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Katherine Hunt from Aspire Financial Planning on the Gold Coast has taken out the Association of Financial Advisers (AFA)’s 2010 Student of the Year Award (the Award). Outgoing AFA National... Read more continue reading

A new generation of leadership on the AFA board

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The Association of Financial Advisers (AFA) has announced an almost entirely new Board of Directors, including Brad Fox, current GenXt Chair, who has been elected National President unopposed. The new... Read more continue reading