Inquiry into FinTech a boon for Australian consumers

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The Financial Planning Association of Australia (FPA) welcomes the creation of a Senate Select Committee on Financial Technology and Regulatory Technology as recognition of the critical roles Fintech and RegTech... Read more continue reading

Australian Actuaries Climate Index shows Autumn 2019 second hottest Autumn since index started

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The Australian Actuaries Climate Index shows Autumn 2019 continued the pattern of extreme weather: last Autumn ranked as the second most extreme in the number of hot days ever recorded... Read more continue reading

Westpac CFO Peter King to retire in 2020

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Westpac Group Chief Executive Officer Mr Brian Hartzer has announced that Peter King, Chief Financial Officer, has decided to retire in 2020 after a distinguished 25-year career with Westpac. Mr... Read more continue reading

ampfpa members step up action against AMP

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Members of the AMP Financial Planners Association (ampfpa) are stepping up action to contest changes announced by AMP. Ampfpa CEO, Neil Macdonald said, “AMP is on the record saying it... Read more continue reading

Janus Henderson Investors appoints new Head of Operations

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Janus Henderson Investors (ASX / NYSE: JHG) has announced the appointment of Donna Crawford as Head of Operations for Australia. Based in Melbourne, Donna will oversee the day-to-day operational aspects... Read more continue reading

Fourth Line partners with Swinburne University of Technology

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Fourth Line is partnering with Swinburne University of Technology to augment its RegTech risk management and compliance system for the Australian financial planning industry. The industry first partnership with Swinburne... Read more continue reading

The unknown consequences of the legislation to ban grandfathered commissions

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The Association of Financial Advisers (AFA) acknowledges the passing of the Ending Grandfathered Conflicted Remuneration Bill 2019 in the House of Representatives on Tuesday. The AFA has long argued that... Read more continue reading

Australian house prices back from the abyss – seven things you need to know about the Australian property market

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Key points The Australian housing market remains far more complicated than optimists & doomsters portray it to be. Yes, it’s expensive and heavily indebted but talk of mortgage stress is... Read more continue reading

Confused consumers are unsure about saving

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Consumer confidence Consumer confidence: The Westpac/Melbourne Institute survey of consumer sentiment index fell by 1.7 per cent to 98.2 in September. Wisest places for savings: The proportion of people that... Read more continue reading

Can negative yielding bonds deliver positive returns?

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The trade war enters new prolonged phase as both sides escalate keeping macro data weak President Trump’s announcement of additional tariffs imposed on Chinese goods early in August set the... Read more continue reading