Submissions open for the 2020 Bright Light Award – prizes valued up to $6,500

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The Australian and New Zealand Institute of Insurance and Finance (ANZIIF) and TurksLegal are pleased to announce applications are now open for the 2020 Bright Light Award. The Bright Light... Read more continue reading

Borrowing strategy banned from testamentary trust concessions

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Recently the government passed new laws which limit the treatment of income from a testamentary trust paid to minor beneficiaries of the trust as “excepted trust income” (which would be... Read more continue reading

Perennial targets next generation of growth heroes

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A year on from the successful launch of its first private companies fund, the Perennial Private to Public Opportunities Fund (PPP1), Perennial Value Management (Perennial) has announced the launch of... Read more continue reading

RegTech boosts team to meet surge in demand

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Fourth Line, one of Australia’s leading RegTech risk management and compliance systems for financial advice, today announced a boost to its team with the engagement of Joel Ronchi from myIntegrity... Read more continue reading

Weekly market update – week ending 28 August, 2020

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Investment markets and key developments over the past week Global share markets rose over the past week helped by continuing signs of economic recovery, positive coronavirus vaccine and treatment news... Read more continue reading

CountPlus targets selective growth opportunities in disrupted financial advice sector

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CountPlus Limited (ASX: CUP) has released financial results that underpin a judicious approach to attracting, retaining, and growing high-quality financial advice firms. The Company has flagged a decisive strategy of... Read more continue reading

Australian Unity appoints Dr. Joe Fernandes as CIO 

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Australian Unity’s Wealth & Capital Markets business has appointed Dr. Joe Fernandes as Chief Investment Officer. Dr. Fernandes joins the 180-year-old mutual organisation with more than two decades of experience... Read more continue reading

Zenith initiates coverage of the Wheelhouse Global Equity Income Fund with a ‘Recommended’ rating

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Research house Zenith has awarded a ‘Recommended’ rating to the Wheelhouse Global Equity Income Fund managed by Australian-based specialist income manager Wheelhouse Partners. The fund’s global equity strategy aims to... Read more continue reading

Investment down, but not as bad as feared

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Business investment Business investment: New business investment (spending on buildings and equipment) fell by 5.9 per cent in the June quarter to be down by 11.5 per cent over the... Read more continue reading

ASIC grants industry-wide relief to help members of frozen funds make hardship withdrawals

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ASIC have announced new relief measures for operators of managed funds to facilitate withdrawals by members facing financial hardship (hardship relief) during the COVID-19 pandemic. The conditional relief is available... Read more continue reading