Weekly market update – week ending 26 June,2020

From

Investment markets and key developments over the past week Most major share markets fell over the last week as concerns about “second waves” of coronavirus cases, uncertainty about the growth... Read more continue reading

Smartr365 appoints Billy Grimley as Chief Commercial Officer

From

Smartr365, the end-to-end software platform provider for mortgage businesses, has announced the appointment of Billy Grimley as its Chief Commercial Officer. In his new role, Billy will lead the creation... Read more continue reading

Own a rental? – what you need to know this tax time

From

The Australian Taxation Office is aware that residential rental property owners may be concerned about how COVID-19, floods, or bushfires have reduced their income. This may be a result of... Read more continue reading

Party of Five at Pitcher Partners

From

Pitcher Partners has taken out five positions on the coveted Australia’s Top 100 financial advisers list. The list, compiled for The Australian newspaper by US publication Barron’s, looks at key... Read more continue reading

ASIC approves temporary COVID-19 changes to the Banking Code

From

ASIC has approved a variation of the Banking Code of Practice (Code). The variation, as proposed by the Australian Banking Association (ABA), involves the insertion of a ‘Special Note’ into... Read more continue reading

Three month CPD relief for advisers in recognition of COVID-19 business disruption

From

The Financial Adviser Standards and Ethics Authority (FASEA) has received enquiries and requests for relief relating to compliance with CPD requirements due to COVID-19 business disruption. FASEA recognises the challenges... Read more continue reading

Franklin Templeton Australia reduces fees across a range of funds

From

In a bid to deliver better outcomes for investors, Franklin Templeton Australia is reducing management fees across a number of its retail and institutional funds*, including the Franklin Australian Absolute... Read more continue reading

Andrew Zbik announces new planning business

From

Former long-time Omniwealth adviser, Andrew Zbik, has commenced his own practice under the Advocate Advisory AFSL. He is now a Senior Financial Adviser at CreationWealth, based in Sydney. Andrew’s financial... Read more continue reading

FPA launches Virtual Congress masterclass series for 2020

From

The Financial Planning Association of Australia (FPA) is pleased to announce the 2020 FPA Virtual Congress masterclass series, which will go live on 9 July. The FPA is offering its Congress format... Read more continue reading

Warakirri Asset Management partners with Flinders Investment Partners

From

Warakirri Asset Management Limited (Warakirri) has entered a strategic partnership with Flinders Investment Partners Pty Limited (Flinders) whereby Warakirri will acquire 50% of Flinders and provide capital to support the... Read more continue reading