New head of legal at Tyndall AM

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Tyndall AM has appointed Kristy Do as head of legal, reporting to managing director Mike Davis. Her appointment is part of the recent strengthening of Tyndall AM’s in-house legal and... Read more continue reading

New home sales hit 27-month high

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New home sales Home sales lift: New home sales rose by 6.4 per cent in September. The number of sales stand at a 27-month high. The lift in sales is the... Read more continue reading

Lonsec expands institutional broking capabilities with three new hires

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Former Investec Equities team to spearhead push into Australian resources sector Lonsec Fiscal (Lonsec), a leading provider of financial services research and investment execution,  announced the expansion of its existing... Read more continue reading

ABN AMRO Clearing Sydney Pty Ltd pays $130,000 infringement notice penalty

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ABN AMRO Clearing Sydney Pty Ltd (“ABN AMRO”) has paid a penalty of $130,000 to comply with an infringement notice given to it by the Markets Disciplinary Panel (“MDP”). On... Read more continue reading

Confusion surrounds use of franking credits in SMSFs: SPAA

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There is a lot of misunderstanding about how franking credits work in a self managed super fund (SMSF), says Graeme Colley, SMSF Professionals’ Association of Australia (SPAA) Director, Technical and Professional Standards. Colley... Read more continue reading

ACSA appoints J.P. Morgan’s David Braga as Chair

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The Australian Custodial Services Association (ACSA) – the peak body for Australia’s custody and investment administration sector – has appointed David Braga, Managing Director and head of product for J.P.... Read more continue reading

Weekly market & economic update – week ending 25 October

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Key events of the past week and implications The past week saw share markets lose a bit of momentum after a couple of weeks of strong gains, with growth trades... Read more continue reading

Son of Wallis to set a benchmark for financial services

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The Son of Wallis inquiry will be a once in a generation opportunity to reposition Australia’s financial services industry for future growth and to set in train the right structure... Read more continue reading

CFA Institute foresees ‘fiduciary capitalism’ will remake finance industry

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Industry leaders present at CFA Institute Australia Investment Conference last Friday in Melbourne CFA Institute, the global association of investment professionals, says the world’s financial system is moving towards a... Read more continue reading

Lonsec & Milliman Forms Industry Panel for Retirement

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Investment research house Lonsec Research (Lonsec) together with global actuarial and consulting firm Milliman have formed an industry panel consisting of six financial product providers to assist financial planners navigate... Read more continue reading