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

Aberdeen Standard Investments strengthens ESG capabilities with appointment of Bill Hartnett

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Aberdeen Standard Investments (ASI) has strengthened its ESG capabilities with the appointment of Bill Hartnett as an ESG Investment Director. Bill will report to Euan Stirling, Global Head of Stewardship and ESG... Read more continue reading

Industry funding reminder for financial services licensees

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ASIC has reminded Australian financial services and Australian credit licensees who have industry funding obligations to factor in the time it may take ASIC to assess applications to cancel or... Read more continue reading

Labor’s refundable franking credits proposal impacts more lower income-earners than the wealthy – refunds of company paid tax are not a “gift”!

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Labor has released its election costings that show its spending promises will largely be funded by cuts to the incomes of retirees and other lower income shareholders to the value... Read more continue reading

National vacancy rates jump in April

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Data released by SQM Research yesterday has revealed the national residential rental vacancy rates surged in April 2019 to 2.3%, an increase from 2.1% in March.  The total number of... Read more continue reading

Calastone adds OneVue, Mainstream and over 30 fund managers for faster, safer transfers processing

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Calastone, the global funds transaction network, has announced that two of Australia’s largest registry businesses and their fund manager clients have connected to its network to automate the transfer of... Read more continue reading