New hire marks greater institutional focus for State Super Financial Services

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Leading public sector financial advice specialist, State Super Financial Services (SSFS), today announced the appointment of James Panaretos to its newly created role of General Manager of Business Development. In... Read more continue reading

Asian markets focus on geopolitical concerns

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The Ukraine-Russia crisis recently moved to the forefront of investors’ thoughts as Moscow mobilized its military power to influence developments in the autonomous Crimean peninsula. Russia’s incursions into the Ukraine... Read more continue reading

Job market winners and losers

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Detailed labour market data Industry employment: Employment rose by 50,100 over the three months to February – the biggest quarterly increase in year. Employment rose in 12 of the 19 industry... Read more continue reading

Government acknowledges FPA concerns on general advice as consumer risks eased by “employee only” rule

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The Financial Planning Association of Australia (FPA) has welcomed the Government’s amended restrictions to the general advice exemption under FoFA. The Corporations Amendment (Streamlining of Future of Financial Advice) Bill... Read more continue reading

Changes to FoFA best interests duty will not impact consumers: New legal advice

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The Financial Services Council has obtained new legal advice which confirms proposed amendments to the best interests duty in the FoFA amendments will continue to require a financial adviser to... Read more continue reading

AFA: Baby boomers put at risk by anti-FoFA amendments lobby

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The Association of Financial Advisers (AFA) warns that organisations and commentators with vested interests in the superannuation savings of baby boomers are putting the retirement lifestyles of baby boomers at... Read more continue reading

SPAA gives thumbs up to changes to best interest duty

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The SMSF Professionals’ Association of Australia (SPAA) has thrown its weight behind the Federal Government’s decision to amend how best interest duty (BID) works as part of the FoFA reforms.... Read more continue reading

AIA Australia CEO elected to FSC Board

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The Chief Executive Officer of life insurer AIA Australia, Peter Crewe,  has been appointed to the board of the Financial Services Council. Peter ‘s appointment comes on the back of... Read more continue reading

Nikko AM Appoints Global Head of Multi-Asset

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Aiming to bolster product lineup using multi-asset strategies Al Clark has joined Nikko Asset Management’s Australian subsidiary, Tyndall Investment Management Limited, in the newly created role of GlobalHead of Multi-Asset. Based in Sydney,... Read more continue reading

Total Solutions Group joins Premium Wealth Management

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Sunshine Coast accounting firm adds financial advice and becomes latest Queensland member Premium Wealth Management has further expanded its membership base with Queensland-based practice Total Solutions Group joining its dealer... Read more continue reading