State of the States July 2014

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How are Australia’s states and territories performing? Each quarter CommSec attempts to find out by analysing eight key indicators: economic growth; retail spending; equipment investment; unemployment; construction work done; population growth;... Read more continue reading

Public register of advisers will enhance consumer protection

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The Financial Planning Association (FPA) welcomes yesterday’s announcement that the Government will establish an enhanced public register of financial planners. Mark Rantall, CEO of the FPA, said: “The Government’s commitment... Read more continue reading

New register of financial advisers will increase transparency for consumers

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The Financial Services Council said yesterday that the establishment of an enhanced public register of financial advisers will increase transparency for consumers. John Brogden, CEO of the FSC said: “The... Read more continue reading

PIMCO Appoints Adrian Stewart as Executive Vice President and Head of PIMCO Australia

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PIMCO, a leading global investment management firm, has hired Adrian Stewart as Executive Vice President and Head of PIMCO Australia. Mr. Stewart will begin in August and report to Eric... Read more continue reading

FSC Response to Financial System Inquiry Interim Report

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The Financial Services Council yesterday welcomed the interim report of the Financial System inquiry. Superannuation The FSC agrees with Murray’s commentary that policy settings in superannuation lack stability. John Brogden,... Read more continue reading

AFA and Affinia make a stand on professional membership

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The Association of Financial Advisers (AFA) and national dealer group Affinia Financial Advisers have joined forces to strengthen practitioner professional development. AFA CEO Brad Fox said Affinia is one of... Read more continue reading

Financial Advice more accessible and affordable with FoFA reforms

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The Financial Services Council commends the Senate for supporting the amendments to the Future of Financial Advice laws yesterday. “With the critical support of cross bench Senators, the Government’s amendments... Read more continue reading

PIMCO names Eric J. Mogelof as Head of Asia Pacific

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PIMCO, a leading global investment management firm, has appointed Eric J. Mogelof as Head of Asia Pacific. Mr. Mogelof, a Managing Director, will have management oversight responsibility for the firm’s... Read more continue reading

SPAA backs FSI call to improve the quality of financial advice

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The SMSF Professionals’ Association of Australia (SPAA) strongly endorses the Financial System Inquiry’s call to improve the quality of financial advice. SPAA CEO Andrea Slattery says: “Raising professional standards across... Read more continue reading

FPA encouraged by FSI Interim Report

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The Financial Planning Association (FPA) welcomes yesterday’s FSI Interim Report, in particular the observations that relate to the FPA’s 10 Point Plan. Specifically, the Interim Report raised several of the FPA’s... Read more continue reading