Legg Mason’s Global Fixed Income Fund cuts fees

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Legg Mason has reduced the Management Cost for the Legg Mason Brandywine Global Income Optimiser Fund, by 10 basis points to 0.65% per annum, effective immediately. The Legg Mason Brandywine Global... Read more continue reading

FASEA releases draft Relevant Providers Degrees, Qualifications and Courses Standard 2019 Legislative Instrument

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FASEA has released draft Relevant Providers Degrees, Qualifications and Courses Standard 2019 Legislative Instrument (the 2019 determination) and Explanatory Statement for consultation. The draft 2019 determination includes all bachelor degrees,... Read more continue reading

Insight Multi-Asset update – week beginning 2 November, 2019

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Market and economic review  With news flow on the signing of a ‘Phase One’ deal between the US and China sparse relative to prior weeks, instead we will mainly focus... Read more continue reading

Naked pricing set to reorder financial planning profile

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The culling of grandfather commissions and FASEA Code #3 and the advent of new technology-led platform solutions for advisers will likely enable a shift in the next generation of advisory... Read more continue reading

Weekly market update – week ending 29 November, 2019

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Investment markets and key developments over the past week Share markets rose over the last week helped by optimism regarding a US/China trade deal and mostly okay economic data with... Read more continue reading

Outstanding financial planners recognised at 2019 FPA Congress

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The Financial Planning Association of Australia (FPA) announced the winners of the 2019 FPA Awards, Gwen Fletcher Memorial Award, and FPEC Research Grant Award at the Future2 Celebration held during the... Read more continue reading

AMP Foundation awards $1 million to innovative, hard-working Australians making a difference

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Thirty-seven amazing Australians working in areas as diverse as technology, inclusion, sustainability and Indigenous innovation are set to make a positive impact through AMP’s $1 million Tomorrow Fund. Since 2014, the... Read more continue reading

ASIC reports on compliance with financial advice fee disclosure obligations

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A new report about fee disclosure obligations released by ASIC has found that consumers receiving financial advice could be at risk of receiving wrong information about advice fees, or in... Read more continue reading

Are you regulator ready?

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The Australian Securities and Investments Commission (ASIC) recently shared its strategic priorities for next year – and at the top are high deterrence enforcement actions. ASIC has already announced plans... Read more continue reading

Westpac announces new Acting Group Executive Enterprise Services

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Westpac Group has announced that Alastair Welsh has been appointed Acting Group Executive Enterprise Services while Gary Thursby acts in the role of Chief Financial Officer. Incoming Acting Chief Executive... Read more continue reading