Weekly market update – week ending 17 May, 2019

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Investment markets and key developments over the past week Share markets fell earlier in the past week as the trade war continued to escalate, before rebounding helped by better economic... Read more continue reading

Advisers invited to register for FASEA exam

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Registrations are now open until May 31, 2019 for financial advisers (new entrants and existing) to notify their intention to sit the FASEA exam. “The opening of registrations for the... Read more continue reading

MLC Life Insurance celebrates anniversary of Mental Health Navigator service

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On the anniversary of the launch of Mental Health Navigator, more than 100 MLC Life Insurance customers have now used the service to help improve a mental health condition. In... Read more continue reading

Synchron takes NextGen to New Zealand

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Synchron has announced that its annual NextGen Bootcamp will be held in Rotorua, New Zealand in November. NextGen brings together Synchron advisers and business development professionals under the age of... Read more continue reading

Doing the right thing by your customers: ASIC consults on lifting standards and transparency of complaints handling

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ASIC has initiated public consultation on new standards about how financial firms handle consumer and small business complaints. The proposed standards, which include new mandatory data reporting, will improve the... Read more continue reading

ATO statistics send positive message about SMSFs

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The Australian Tax Office (ATO) annual SMSF statistics for 2016-17 tell a positive story about this $750 billion superannuation sector. SMSF Association CEO John Maroney says: “These statistics reveal an... Read more continue reading

Beleaguered wealth managers told to ‘think differently’ about leadership structures

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Wealth managers and financial services organisations – such as ANZ, IOOF and NAB – that are working their way through the implications of the Royal Commission were told to start... Read more continue reading

‘White knight’ of financial advice sector

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At a time when many have described the financial advice sector as reeling, and some advisers are saying they feel depressed and afraid about the future, there’s a good news... Read more continue reading

Mind the cap and check your payslips – how to make the most of your super contributions

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As we head towards the end of the financial year, the AMP technical super support team has seen an increase in the number of calls regarding how much people can... Read more continue reading

BNY Mellon Appointed Trustee for Landmark AUD 75 MillionCatastrophe Bond Domiciled in Singapore

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BNY Mellon, a global leader in investment management and investment services, has been appointed Indenture Trustee, Reinsurance Trustee, Paying Agent, Account Bank, Singapore Security Trustee, and Trust Accountant for an... Read more continue reading