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

Pengana expands offering to Australian investors

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Australian funds management group Pengana Capital yesterday announced it has entered into a strategic agreement with leading global quantitative manager, PanAgora Asset Management, to bring its institutional funds management capabilities to... Read more continue reading

AMP appoints new head of AMP Bank

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AMP has appointed Sally Bruce as Managing Director AMP Bank, reporting to Group Executive Advice and Banking Rob Caprioli. Ms Bruce will have overall responsibility for all areas of AMP... Read more continue reading

BetaShares’ new pair of Funds allows investors to back their view on outlook for US equities

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BetaShares, a leading Australian manager of exchange traded products, yesterday announced the launch of two new investment funds on the Australian Securities Exchange (ASX). The newly launched Funds allow Australian investors... Read more continue reading

Time running out for accountants wanting to be licensed

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Accountants are fast running out of time to become licensed, warns the SMSF Association’s Head of Education Services Liz Ward and Licensing for Accountants CEO Kath Bowler. “July 1 next... Read more continue reading

AFA continues support for advisers

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The Association of Financial Advisers (AFA) is continuing to proactively support advisers as reforms proposed by the Life Insurance Framework (LIF) are shaped. AFA CEO Brad Fox said, “It is... Read more continue reading

Adviser recruitment and placement has changed…industry insight and experience a must says Tynan

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The critical and strategic importance for dealer groups and advisory practices to utilise the skills and services of industry professionals when recruiting advisers was brought home to Connect Financial Service... Read more continue reading