Oxera global cost benchmarking of ASX’s post-trade equity services

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ASX has released the Oxera Global cost benchmarking of cash equity clearing and settlement services report. ASX Clear and ASX Settlement commissioned Oxera, a leading independent European economics consultancy, to... Read more continue reading

Weekly market & economic update – week ending 20 June, 2014

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Investment markets and key developments over the past week Global share markets generally rebounded over the last week as a dovish Fed and  solid economic data offset continuing uncertainty regarding... Read more continue reading

AFA calls for Factual FoFA Assessment

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The Association of Financial Advisers (AFA) welcomes the release this morning of the Government’s details relating to the Future of Financial Advice (FoFA) amendments, but is cautioning advisers and consumers... Read more continue reading

Government’s FoFA statement positive step in the right direction: SPAA

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Finance Minister Senator Mathias Cormann’s statement on the Coalition Government’s FoFA amendments is a positive step in the right direction for the financial advice industry, says the SMSF Professionals’ Association of Australia... Read more continue reading

Affinia business consultant team completed

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Consultants replace old Practice Development Management role National dealer group Affinia Financial Advisers has recruited two additional Business Consultants to complete its new consultancy team. Nadia Docker joins Affinia as... Read more continue reading

Minister Cormann’s FoFA position a landmark victory

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The Financial Planning Association of Australia (FPA) today congratulated Finance Minister Mathias Cormann for handing down a decisive victory in favour of all consumers who seek certainty in their dealings... Read more continue reading

Consumer rights need to be grandfathered

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The Association of Financial Advisers (AFA) has highlighted the fact that 1 July 2014 will mark 12 months since the commencement of the grandfathering problem that puts clients at risk... Read more continue reading

Threadneedle Investments boosts US equities team by four

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Threadneedle Investments (Threadneedle), a leading international asset manager with close to US$17bn AUM in US equities¹, has announced four appointments to its US Equities team. Benedikt Blomberg, Nicolas Janvier and... Read more continue reading

White collar Australia: Housing drives job gains

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Population; Employment by Industry Industry employment: Employment rose by 14,400 over the three months to May – the smallest quarterly increase in three quarters but after strong gains in the previous... Read more continue reading

SPAA supports best interest ‘catch all’ removal, but general advice and conflicted remuneration remain a concern

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The SMSF Professionals’ Association of Australia (SPAA) strongly supports the catch-all provisions of the best interest duty recommendations by the Senate Economics Legislation Committee. But SPAA remains concerned by its decision to... Read more continue reading