Virtual National Conference huge hit with delegates

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The SMSF Association National Conference ticked all the boxes with the two-day event attracting more than 1,100 registrations from every state and territory, over 9,500 hours of sessions viewed and... Read more continue reading

Actuaries Institute president says risk management is increasingly important

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Risk management is a significant area of growth for Australia’s actuaries as the private and government sectors, the economy and jobs market recover from the impact of COVID-19, incoming Actuaries... Read more continue reading

Financial institutions to significantly increase use of gig economy workers to upskill workforce

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More than half (52%) of financial institutions say they expect to have more gig-based employees over the next three to five years, according PwC’s report, “Productivity 2021 and beyond: Upskilling the... Read more continue reading

LITs – providing the structure for income

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As the number of investors seeking income in today’s record low interest rate world rises, an increasing number are considering Listed Investment Trusts (LITs). These closed-ended trusts (similar to listed... Read more continue reading

ETF Securities reduces fees

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In a move to improve the value and fee transparency of its products, ETF Securities has reduced the fees charged on three of its products. Recoverable expenses for ETFS Battery... Read more continue reading

GQG Partners continues wholesale expansion with senior appointment

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GQG Partners has appointed Ashneel Naidu to the newly created role of director of business development, based in Sydney and reporting to Daniel Bullock, director of wholesale markets. Mr Naidu... Read more continue reading

SMSFs with LRBAs ‘not penalised’ for capitalising interest

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Self-managed super funds (SMSFs) that have borrowed from a private company under a limited recourse borrowing arrangement (LRBA) will not suffer adverse tax consequences if the loan interest has been... Read more continue reading

Update from FASEA on the Financial Adviser Exam

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Since June 2019, the exam has been offered 10 times in person and online with 11241 candidates (89%) successful to date. The exam will be offered a further 5 times... Read more continue reading

Higher Aussie to soften petrol pump pain

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Petrol Prices; Used vehicle market; Household survey Fuel prices: Last week the national average price of unleaded petrol rose by 2.2 cents a litre to 131.2 cents per litre (c/l)... Read more continue reading

Weekly market update – week ending 19 February, 2021

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While Japanese shares rose over the last week, US, European and Chinese shares fell on concerns about the impact of rising bond yields on equity market valuations, particularly for high... Read more continue reading