New appointment prepares fund manager for next phase of growth

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Boutique international equities manager Wingate Asset Management has appointed Lyndsey Hancock in the newly created role of chief operating officer, as the company focuses on the next phase of its... Read more continue reading

Perpetual Private boosts Native Title team with new WA hire

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Perpetual Private yesterday announced the appointment of Pamela Kaye as Trust Manager Native Title for Western Australia. The new Perth-based role has been created to support Perpetual Private’s growing Native... Read more continue reading

Weekly market & economic update – week ending 16 May, 2014

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Investment markets and key developments over the past week The past week saw more messy and volatile trading in share markets with some mixed economic data and corporate news in... Read more continue reading

CFA Charterholders well placed to meet financial advisers’ best interest duty

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CFA program evolves to meet legislative requirements for financial professionals A strong foundation in ethical principles, together with thorough education and training across the investment space, means CFA charterholders are... Read more continue reading

TAL delivers solid result and continues growth path

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Australia’s largest life insurer TAL has finished the financial year maintaining profit levels amid record claims payouts. Financial results released by TAL’s Japanese parent, Dai-ichi Life, show net profit after tax... Read more continue reading

Decision on excess non-concessional contributions a win for SMSF trustees

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The Federal Government’s decision to introduce a mechanism to allow taxpayers to withdraw excess non-concessional contributions made after 1 July 2013 is a win for SMSF trustees. Jordan George, Senior Manager, Technical... Read more continue reading

Treasurer Hockey keeps promise on ‘no adverse changes’ to superannuation in 2014-15 federal Budget

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In Tuesday night’s 2014-15 Budget announcement, the Federal Government held firm on its commitment to avoid adverse changes to superannuation. There are some amendments outlined however that will benefit financial planning clients,... Read more continue reading

Budget highlights need for advice

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The Abbott Government’s first Budget will significantly impact many groups of Australians who will need the benefit of financial advice in order to navigate their way through the changes and... Read more continue reading

2014-15 Aust Budget – heading back to surplus

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Key points After a 2013-14 deficit of $49.9bn, the budget deficit for 2014-15 is now projected to be $30bn, down from $34bn in the Mid-Year Economic Fiscal Outlook (MYEFO). For... Read more continue reading

Budget update­ by Dalton Nicol Reid Portfolio Management—what are the implications?

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Following the release of the 2014–15 Budget, we note the following implications for the economy: Mild drag on growth—the Budget looks for a substantial shrinking of the deficit—from 3.1% of... Read more continue reading