ASIC publishes new regulatory guidance for mortgage brokers

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ASIC has published regulatory guidance to assist in the application of the new best interests duty for mortgage brokers, which comes into effect in 2021. The new obligations were legislated... Read more continue reading

HLB Asia Pacific appoints James Henderson as chair

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The managing partner of advisory and accounting firm HLB Mann Judd Brisbane, James Henderson, has been appointed chair of HLB Asia Pacific, effective immediately. HLB is a global network of... Read more continue reading

The mining industry is essential to moving to a greener economy

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Mining is a complex industry that is often seen as unsustainable. Indeed, the industry faces many sustainability challenges, ranging from protecting the environment and reducing water use to maintaining good... Read more continue reading

UniSuper announces Chief Risk Officer

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UniSuper, the $85 billion superannuation fund for the higher education and research sector has announced the appointment of Andrew Raftis as Chief Risk Officer. Andrew will lead UniSuper’s Risk and... Read more continue reading

ATO figures throw fresh light on SMSF operating expenses

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The ATO’s 2017-18 Statistical Overview of SMSFs shows the median “operating expense” of SMSFs is $3,923 a year, a more appropriate indication of their basic operating cost compared with the $13,900 total... Read more continue reading

AFI managers challenged by COVID-19 but opportunities for outperformance remain

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The Australian Fixed Interest sector was not immune from the effects of the COVID-19 crisis with the median manager in Zenith Investment Partners’ Australian Fixed Interest (AFI) category producing a... Read more continue reading

DomaCom’s FUM hits $72 m, up over 10% since 1 April

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The fractional investment platform provider, DomaCom, has enjoyed a growth spurt since 1 April 2020 with Funds under Management (FUM) rising 10.4% to $70.9 million. Investments in the DFS Pooled Mortgage... Read more continue reading

Coronavirus dampening retirement dreams of Australians

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Australian Retirees are downgrading their retirement expectations, spending less on luxuries, and are fearful and confused about the safety of their investments. A new study by Allianz Retire+ found COVID-19... Read more continue reading

PPS Mutual strengthens its team with new Senior Business Development Manager in Queensland

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Specialist insurance company PPS Mutual has announced the appointment of Arthur Tang to the role of Senior Business Development Manager Queensland. The role reports directly to Richard Hopwood, State Manager... Read more continue reading

SQM awards Superior ‘High investment grade’ rating for Cor Capital Fund

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The Melbourne-based boutique fund manager Cor Capital have received a positive upgrade by investment research firm, SQM Research, to Superior ‘high investment grade’ rating for its flagship fund, the Cor... Read more continue reading