Weekly economic and market update – week ending 22 October, 2021

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Investment markets & key developments US shares made it to a new high in the past week helped by strong earnings results and good economic data, and Chinese shares rose... Read more continue reading

FPA response to the passing of Better Advice Bill

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The FPA welcomed the passing of the Better Advice Bill in the Senate last week and looks forward to the stability that will follow. After 8 years of constant regulatory... Read more continue reading

CommSec Research: State of the states – October 2021

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Overall results How are Australia’s states and territories performing? Each quarter CommSec attempts to find out. Now in its 13th year, the report also includes a section comparing annual growth... Read more continue reading

2021 Aon Scholarship winner announced 

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Aon and The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) is delighted to announce the 2021 Aon Scholarship has been awarded to Adi Mehta. Adi is a... Read more continue reading

White Paper on modernising financial advice hits the right note

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The SMSF Association welcomes the Financial Services Council’s White Paper on Financial Advice, saying it aligns with its goals of modernising financial advice and enhancing the professionalisation of the advice sector.... Read more continue reading

AMP Capital welcomes Cbus Property and UniSuper as new partners in the AMP Capital Retail Trust – Australia’s largest retail transaction

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AMP Capital has announced new partners in the AMP Capital Retail Trust (ACRT). UniSuper, one of Australia’s leading superannuation funds and Cbus Property, one of Australia’s leading property investors and... Read more continue reading

AMP Limited provides Q3 21 AUM and cashflows update 

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Key points: Australian wealth management (AWM) assets under management (AUM) remained steady at A$131.2 billion during Q3 21, with improved investment markets offsetting net cash outflows. AWM net cash outflows... Read more continue reading

Pitcher Partners Newcastle and Hunter and DFK Crosbie merge

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Accounting, audit and advisory firm DFK Crosbie has announced it will merge with the Newcastle and Hunter Valley practice of Pitcher Partners. The merger will see DFK Crosbie take on... Read more continue reading

Science and medicine appear to be getting the upper hand of coronavirus – implications for investors

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Key points There are increasing signs that science and medicine are getting the upper hand against coronavirus: new global cases are in decline; vaccines are working; half the global population... Read more continue reading

State Street appoints new head of Australia and head of Singapore and Southeast Asia

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State Street Corporation has announced that it has appointed Tim Helyar as head of Australia and Kevin Hardy as head of Singapore and Southeast Asia, as part of its Asia... Read more continue reading