FPA welcomes one year transition announcement

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Sydney, 15 March 2012: The FPA has welcomed the Hon Bill Shorten’s announcement that the mandatory application of the FoFA reforms will start from 1 July 2013. “This is a... Read more continue reading

Smoother Transition for Financial Advice Reforms

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Australia’s wealth management industry will benefit from more flexible commencement arrangements for the Future of Financial Advice (FOFA) reforms. The reforms will commence from 1 July 2012, as originally announced,... Read more continue reading

Opportunities in emerging market telcos

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Telecommunications companies offer some of the most promising opportunities in emerging markets, according to visiting US expert David Riedel. Mr Riedel nominates specific telecommunications companies with good fundamentals in markets... Read more continue reading

Sentry’s life risk insurance advisers to access new business referral opportunties

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Sentry Group Advice (Sentry) Chairman and CEO Murray Hills has announced that the national dealer group’s life risk insurance advisers will soon access Real Estate to Risk Referrals Pty Ltd’s... Read more continue reading

FPA calls on government to listen to industry recommendations on FoFA

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The Financial Planning Association (FPA) has called on government to take industry recommendations into account when debating the FoFA bill in parliament in the coming days. This announcement follows FPA... Read more continue reading

ASIC paper (CP 176) reviewing regulatory approach to platforms

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ASIC yesterday announced it is reviewing its regulatory approach to platforms as part of broader efforts to promote investor confidence in the sector. The platforms sector attracts significant funds. In... Read more continue reading

FPA encourages tax deduction of financial advice fees

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The FPA submission to the federal budget 2012-13 has outlined key recommendations to improve access to financial advice to all Australians, such as a tax deduction of fees. Dante DeGori,... Read more continue reading

India’s state elections deal blow to economic reform hopes

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Indian stocks rallied in 2009 after general elections gave Prime Minister Manmohan Singh of the Indian National Congress party a more-cohesive coalition with which to accelerate the modernisation of India.... Read more continue reading

PJC falls short on FoFA recommendations

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The Financial Planning Association (FPA) has announced its disappointment with the recommendations outlined in the Parliamentary Joint Committee (PJC) report on FoFA, recently tabled to the House of Representatives. Mark... Read more continue reading

Ho-hum job market

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If anyone was wondering whether the economic growth figures properly reflected what was going on in Australia, they had the answer in the latest jobs data. The job market is... Read more continue reading