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

Nikko Asset Management’s CEO to retire

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Nikko Asset Management Co, Ltd (Nikko AM) today announced that Timothy F McCarthy, Chairman and CEO of Nikko Asset Management, has decided to retire at the end of this fiscal... Read more continue reading

Vale Peter Moyle

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Vale Peter Moyle, respected member of the financial planning community. “It gives me great sadness to let you know that our good friend and long-term member of the AFA, Peter... Read more continue reading

FoFA: It’s make or break time says AFA

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The Association of Financial Advisers (AFA) has sent a letter outlining its five major concerns relating to the proposed Future of Financial Advice (FOFA) legislation to the Independents, relevant frontbenchers... Read more continue reading

Wealthtrac sets scene for expansion in 2012

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Independent superannuation and investment platform provider, Wealthtrac today signalled plans to expand and diversify its product offering in the coming year.  Wealthtrac Managing Director and CEO, Matthew Johnson, said Wealthtrac... Read more continue reading

FOFA penalises advisers who act in the client’s best interests

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Draft Future of Financial Advice (FOFA) regulations designed to curb a non-existent churning culture will penalise advisers who act in the client’s best interests, according to Synchron. “On the one... Read more continue reading

Oliver’s Insights – Australian profits and the Australian share market

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There was plenty of nervousness going into the February profit reporting season in Australia. And for good reason. Domestic demand has been weak, the strong $A is bearing down on... Read more continue reading

ASX: February ETF report

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ETF trading acivity increased during the month by 10.8% whilst ETC trading activity decreased 8.7% as compared to the corresponding period in 2011. No new ETFs were quoted. With the... Read more continue reading