Zenith appoints BDM as demand for managed accounts grow

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Zenith Investment Partners has appointed Scott Garner to the newly created role of senior business development manager. Mr Garner will be based in Sydney and report to head of sales,... Read more continue reading

Surveillance of investment switching by super fund executives identifies concerns with trustees’ conflicts arrangements

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An ASIC surveillance about personal investment switching by directors and senior executives of superannuation trustees has identified concerns with trustees’ management of conflicts of interest. ASIC looked at a sample... Read more continue reading

Over 16,850 pass the Financial Adviser Exam

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FASEA has released exam results from the 14th Financial Advisers Exam held in September 2021. Result highlights include: Over 16,850 advisers have passed the adviser exams held to date. Of those... Read more continue reading

AFCA appoints seven Senior Ombudsmen

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The Australian Financial Complaints Authority (AFCA) has created the new role of Senior Ombudsman, and announced seven appointments, as it progresses projects to enhance the efficiency and effectiveness of its dispute... Read more continue reading

Melior Australian Impact Fund achieves a “Recommended’ rating from Zenith and becomes the first Australian large companies manager classified as Impact

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The Melior Australian Impact Fund has been awarded a ‘Recommended’ rating and is the first Australian large companies fund to be recognised as ‘Impact’ by Zenith Investment Partners. The rating... Read more continue reading

Bell Direct appointed as Macquarie Equities Limited’s third party clearer

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Bell Financial Group (ASX:BFG) is pleased to announce its fully-owned subsidiary Third Party Platform Pty Ltd (TPP) has been appointed by Macquarie Equities Limited (MEL) to provide its Private Bank... Read more continue reading

AFA welcomes Better Advice Bill but still harbours concerns

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The Association of Financial Advisers (AFA) welcomes the passing yesterday of the Financial Sector Reform (Hayne Royal Commission Response—Better Advice) Bill 2021 (the Bill), which provides greater certainty for advisers,... Read more continue reading

Far-reaching changes in the spotlight at SMSF National Conference

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The SMSF Association has formally launched its 2022 National Conference to be held at the Adelaide Convention Centre from February 16-18. The Association’s first physical conference since the highly successfully... Read more continue reading

Equity Trustees approves $3.4 million grant to fund medical research and healthcare

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Equity Trustees has announced it will deliver $3.4 million in additional funding to the National Foundation for Medical Research and Innovation (NFMRI), Monash Partners and the Mater Foundation. The granting... Read more continue reading

Aussie petrol prices hit record high – Big oil cash splurge

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Energy market update Oil prices continued to rise last week with Nymex crude at fresh 7-year highs and Brent crude at 3-year highs. The Australian average weekly petrol price lifted... Read more continue reading