APRA releases draft prudential practice guides for superannuation

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The Australian Prudential Regulation Authority (APRA) has released for consultation a discussion paper and 10 draft prudential practice guides (PPGs) for the superannuation industry. This year APRA has consulted extensively with... Read more continue reading

SPAA’s auditor accreditation program gets thumbs up

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The Federal Government’s recognition of the SMSF Professionals’ of Australia (SPAA) auditor accreditation program (SSAud) as an approved audit qualification is a win for true professionalism, says SPAA CEO Andrea... Read more continue reading

The Trust Company report finds only 50% of NFPs have a formal investment strategy

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Australian not-for-profit organisations (NFPs) have experienced greater demand for their services post the Global Financial Crisis (GFC), however only 50% have a formal investment strategy in place to support their... Read more continue reading

Hyperion’s Small Growth Companies Fund records strong growth

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Hyperion Asset Management has reported that in the 12 months to 30 November 2012, its Hyperion Small Growth Companies Fund returned 30.94% after fees, outperforming its benchmark by 32.14%. The... Read more continue reading

ASIC focuses on ad disclosure requirements for super trustees

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ASIC has written to superannuation trustees reminding them about disclosure requirements associated with advertising for superannuation products. The types of issues ASIC has seen in advertising that may lead to... Read more continue reading

Lonsec welcomes ASIC’s updated policy guidance

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Research house Lonsec believes the release of ASIC’s updated Regulatory Guide 79 Research report providers: Improving the quality of investment research will further support efforts to ‘raise the bar’ on... Read more continue reading

ASIC releases guidance to improve the quality and reliability of investment research

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ASIC has released updated policy guidance to improve the quality and reliability of research reports. Regulatory Guide 79 Research report providers: Improving the quality of investment research (RG 79) has... Read more continue reading

A frank launch for The Fold website

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Can dealer groups retain volume bonuses under FOFA? Do you need to be a mind reader to figure out what ASIC wants in terms of Codes of Conduct? Can you... Read more continue reading

The Santa Claus effect

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Is there a Santa Claus effect? CommSec has always been sceptical about research showing whether there is a ‘right’ time to be buying shares. But we decided to re-visit the... Read more continue reading

Dangers in the rush to buy bonds

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Investment bubbles are hard to spot. Just ask Alan Greenspan. The former chairman of America’s central bank famously warned in December 1996 that stock market investors were displaying “irrational exuberance”. He... Read more continue reading