Demand for LICs and LITs holds steady

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The market capitalisation of the almost 100-year-old Listed Investment Company (LIC) and Listed Investment Trust (LIT) sector remained steady at the end of October when compared with a year ago. Angus Gluskie,... Read more continue reading

ASIC issues information sheet on managing conduct risk during LIBOR transition

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ASIC has published Information Sheet 252: Managing conduct risk during LIBOR transition (INFO 252) on practical guidance that Australian entities can adopt to manage conduct risk during the London Interbank Offered... Read more continue reading

CFA Societies Australia announces key appointments to Board of Directors in Sydney and Melbourne

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CFA Societies Australia has announced key appointments to its Board of Directors in Sydney and Melbourne for three years from December, 2020, with full details outlined below. The Board of... Read more continue reading

Bounce-back from COVID-19

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Business Indicators; China data Profits & sales: Company operating profits rose by 3.2 per cent in the September quarter (consensus: +4.0 per cent). Sales rose by 4.4 per cent in... Read more continue reading

Weekly market update – week ending 27 November 2020

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Investment markets and key developments over the past week Global share markets pushed higher again over the last week as positive vaccine news helped offset fears about the short-term economic... Read more continue reading

Why are SMSF and retail investors missing out on ASX capital raisings during COVID-19?

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Retail and self-managed super funds often lose out when listed companies raise capital, and the regulatory framework overseeing equity capital needs to be reformed to remove this anomaly in the... Read more continue reading

Statement in response to the Independent Review of the Tax Practitioner Board (TPB)

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The FPA welcomes the release of the independent review of the Tax Practitioners Board, particularly recommendation 7.1, which recognises the need to simplify the regulatory framework for tax (financial) advisers.... Read more continue reading

Future2 Foundation increases grants to disadvantaged young Australians in 2020

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The Future2 Foundation, the foundation of the Financial Planning Association of Australia (FPA), has awarded $199,769 in new grants to 20 not-for-profit organisations in 2020, an increase of nearly 5... Read more continue reading

Flexstone Partners completes 100th co-investment

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Flexstone Partners (Flexstone), an affiliate of Natixis Investment Managers, has completed its 100th co-investment as it continues to expand its global, mid -market co-investment practice. Flexstone has committed €6.3m and... Read more continue reading

2020 FPA Award winners revealed

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The Financial Planning Association of Australia (FPA) has announced the winners of the 2020 FPA Awards. Now in its eighth year, the FPA Awards recognises exceptional financial planners, paraplanners, university... Read more continue reading