Australian Ethical reports solid full year results

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Financial highlights (all comparisons to year ended 30 June 2014): Net profit after tax (NPAT) of $1.970 million (down 23%) Underlying profit after tax1 (UPAT) of $2.454 million (down 21%)... Read more continue reading

Insync continues to increase the fund’s exposure to global healthcare

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“The slowdown in China will have relatively minimal impact on the outlook for Medtronics which is benefitting from the powerful megatrend in the growing demand for healthcare products and services... Read more continue reading

Petrol at 4-month lows; Inflation contained

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Weekly petrol report; Inflation gauge Petrol prices: According to the Australian Institute of Petroleum, the national average Australian price of petrol fell by 2.5 cents per litre to a 4-month... Read more continue reading

Market turmoil highlights need for SMSFs to have written investment strategy

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The market turmoil of recent days has underpinned the critical importance of SMSF trustees having a written investment strategy, says Graeme Colley, Director, Technical and Professional Standards, of the SMSF... Read more continue reading

Early bird registrations close today for 2015 Professionals Congress

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Today is your last chance to take advantage of the discounted early bird registration for the Financial Planning Association of Australia (FPA)’s 2015 Professionals Congress in Brisbane. Mark Rantall, CEO of... Read more continue reading

Weekly market update – week ending 28 August, 2015

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Investment markets and key developments over the past week Share markets have gone from goodbye to good buy over the last week. The turmoil in global share markets continued into... Read more continue reading

Reform of ASIC is needed

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The Financial Services Council has welcomed the discussion paper on the proposed model for funding ASIC which was released by Assistant Treasurer, the Hon Josh Frydenberg MP. “Reform of ASIC’s... Read more continue reading

ASIC welcomes consultation on industry funding

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ASIC welcomes the release of the Government’s consultation paper on a proposed industry funding model for the organisation. A model that provides more transparency and certainty around ASIC’s funding is... Read more continue reading

SMAs provide ‘best of both worlds’ for planners and investors – JBWere

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Investors and financial planners are increasingly turning to separately managed accounts (SMAs) to provide the benefits of professional management, but with the transparency and low cost of direct investments, according... Read more continue reading

Phil Anderson to depart AFA

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The Association of Financial Advisers’ Chief Operating Officer Phil Anderson has accepted a role with Netwealth as the new head of governance and advice from October 2015. AFA CEO Brad... Read more continue reading