Mirae Asset strengthens Australian team with key appointments

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Mirae Asset Global Investments, a leading global investment manager with over $284 billion in assets under management[1], has expanded its team in Australia to bolster its local presence. This follows... Read more continue reading

ASIC releases guidance and examples on records of advice

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ASIC has released an information sheet on records of advice (ROA) and three ROA examples to provide clarity to financial advisers and advice licensees on their obligations when using ROAs... Read more continue reading

Natixis Investment Managers announces two senior appointments

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Natixis Investment Managers (Natixis IM) one of the world’s largest asset managers with more than US$1.4 trillion in AUM, has appointed Melanie Robinson as Global Head of Customer Experience and... Read more continue reading

Wealthwise targets growth with Complete transaction

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AZ NGA-backed professional advisory firm, Wealthwise has ramped up expansion plans with the acquisition of boutique financial advice practice, Complete Financial Solutions. The transaction, which is the tenth deal for... Read more continue reading

Stephen Miller on the Fed, the RBA and the BoE

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FOMC announces taper Fed Chair “patient” on policy rate increase but will act if necessary. Inflation still “largely” seen as transitory but the FOMC Statement indicates less certainty on that.... Read more continue reading

Longwave Capital Partners appoints PM

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Longwave Capital Partners has announced the appointment of Melinda White as Portfolio Manager. Ms White brings more than 20 years of buy-side investment experience across both domestic and global markets.... Read more continue reading

FPA launches Women in Financial Planning Mentoring Program 

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The Financial Planning Association of Australia (FPA) has launched its FPA Women in Financial Planning (FP) Mentoring Program. The inaugural program aims to support women in financial planning to further... Read more continue reading

FASEA releases consultation on the Financial Planners and Advisers Code of Ethics 2019 – Standard 3

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Pursuant to its obligations under section 921U(2)(b) the Corporations Act (2001), (the Act), FASEA in February 2019 made, via a legislative instrument, the Financial Planners & Advisers Code of Ethics... Read more continue reading

AMP announces divestment of equity interest in Resolution Life Australasia   

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AMP Limited has announced it has agreed the divestment of its 19.13% equity interest in Resolution Life Australasia (RLA)[1] for a consideration of A$524 million to Resolution Life Group[2]. The sale... Read more continue reading

Listings surge over October – Sydney and Melbourne listings rise over 25%

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Key points National residential property listings rose in October 2021 by 11.8% to 239,866 from 214,566 properties in September. Compared to 12 months ago, listings remain down 22.2%. Nationally, new... Read more continue reading