BT launches new campaign, crushes the apple

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Financial services specialist BT has launched a major new brand campaign encouraging Australians to prepare for their best as it pushes to develop greater awareness of who BT is and... Read more continue reading

Government initiative to foster bigger retail bond market

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The release by the Treasurer on 11 January of draft amendments to the Corporations Act to simplify disclosure by listed companies when issuing retail bonds and amend the provisions relating... Read more continue reading

ASIC fee disclosure guidance pragmatic but needs work

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The Financial Planning Association (FPA) Chief Executive Officer Mark Rantall has welcomed ASIC’s release of its regulatory guide to the implementation of fee disclosure statements, noting the common sense approach adopted... Read more continue reading

ASIC releases guidance on FOFA fee disclosure

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ASIC has released guidance for Australian financial services (AFS) licensees and their representatives on how to comply with the fee disclosure statement (FDS) requirements under the Future of Financial Advice (FOFA)... Read more continue reading

Weekly economic and market update

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The flow of good global news continued over the past week. Good news included: flash manufacturing conditions PMIs rising in the world’s big 3 regions, ie China, Europe and the... Read more continue reading

Wealthtrac launches outsourced back-office administration service

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Finance and investment administration provider Wealthtrac, has launched the next stage of its expanded services, which is moving the group towards becoming a full service distribution and administration service for independent... Read more continue reading

Miles goes social

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The Trust Company, as Trustee of the Miles Franklin Literary Award, unveiled a Miles Franklin twitter account @_milesfranklin as part of its 2013 mission to engage a broader audience and... Read more continue reading

Disappointing Christmas spending

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Economy-wide spending softened in December, extending the zig-zag run witnessed over the past seven months. According to the Commonwealth Bank Business Sales Indicator (BSI), spending fell by 1.9 per cent... Read more continue reading

SPAA joins UN Convention of Independent Financial Advisors

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The SMSF Professionals’ Association of Australia (SPAA) has become a partner of the United Nations, Geneva-based Convention of Independent Financial Advisors (CIFA) – a first for an Australian financial services... Read more continue reading

Strong income yield makes property investment attractive

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The current spread between returns on cash and returns on well-managed property funds means the unlisted property sector will continue to provide good outcomes for investors during 2013, says Mark... Read more continue reading