Reserve Bank Governor reflects on ‘nirvana’

From

Testimony to Parliament Reserve Bank Governor testimony: Reserve Bank Governor Philip Lowe spoke to the House of Representatives Economics Committee. The Reserve Bank Governor said that economic nirvana is inflation... Read more continue reading

ASIC review of 30 June 2019 financial reports

From

ASIC has announced the results from its review of the 30 June 2019 full-year financial reports of 200 entities. Arising from the review, ASIC has made inquiries of 47 entities... Read more continue reading

Financial planning bushfire pro-bono program – open and ready to help those in need

From

In the aftermath of the recent bushfire disaster, financial planners across the country have come together to offer the Financial Planning Bushfire Pro Bono Program to help those impacted by the bushfires... Read more continue reading

Australian Actuaries Climate Index shows extreme conditions prevailed in spring 2019 with records set across states

From

The Australian Actuaries Climate Index [1]shows a combination of weather conditions in the Spring of 2019 that are likely to have fuelled the bushfires currently devastating the country. Every region... Read more continue reading

Lifespan launches service for self-licensees

From

Lifespan Financial Planning, one of Australia’s largest privately owned financial advice networks, has today launched a broad ranging support service for existing self-licensees and those advice businesses wanting to transition... Read more continue reading

AMP to pay $5.175 million penalty for failing to prevent insurance churn by its financial planners

From

The Federal Court has ordered AMP to pay a $5.175 million penalty after the court found AMP failed to take reasonable steps to ensure its financial planners complied with the... Read more continue reading

Teiki Benveniste appointed as Head of Ares Australia Management

From

Ares Australia Management (“AAM”) has announced that former Macquarie Group Senior Investment Specialist Teiki Benveniste has been appointed as the Head of newly formed Ares Australia Management, which was formed... Read more continue reading

FPA partners with Deakin University

From

The Financial Planning Association of Australia (FPA) has announced a ground-breaking partnership with Deakin Business School, which will allow financial planners to combine a Master of Financial Planning degree with... Read more continue reading

SMSFs a ‘pioneer group’ for Retirement Income Review

From

Self-managed super funds (SMSFs) are the “pioneer group” for the retirement income system that can provide invaluable evidence for the Retirement Income Review, says SMSF Association CEO John Maroney. Commenting on the... Read more continue reading

The China Coronavirus outbreak – economic and investment market implications

From

Key points The China coronavirus outbreak has led to concerns of a global pandemic triggering an economic downturn. > Our base case is that the outbreak will be contained allowing... Read more continue reading