ASIC publishes submissions and announces public hearings on responsible lending guidance

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ASIC will hold public hearings as part of the wider public consultation on its guidance on the responsible lending obligations. This consultation commenced in February 2019, and ASIC has received... Read more continue reading

Weekly market update – week ending 28 June, 2019

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Investment markets and key developments over the past week Global shares slipped over the last week on the back of uncertainty ahead of the Trump/Xi meeting at the G20 and... Read more continue reading

Rob Bluzmanis appointed Head of Distribution at Nikko AM

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Nikko Asset Management Australia (Nikko AM) has promoted Rob Bluzmanis from Head of Wholesale Sales to Head of Distribution for Australia, with immediate effect. Mr Bluzmanis will report directly to Managing Director, Sam Hallinan. ... Read more continue reading

FASEA approves AFA Professional Designations

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AFA CEO, Philip Kewin, said, “This is great news for the many members who have completed the Kaplan version of both the FChFP and ChLP, as it allows them to move... Read more continue reading

Praemium administration service grows to $6billion

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Following its launch 18 months ago the Praemium non-custodial VMA Administration service, has grown to over $6 billion in funds under administration (FUA). The service was launched to supplement Praemium’s... Read more continue reading

FASEA approves education credits for AFA and SMSFA coursework

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The Standards Authority has confirmed the recognition of coursework from the Association of Financial Advisers (AFA) and Self-Managed Super Fund Association (SMSFA) as part of its education standards for financial... Read more continue reading

APRA and ASIC publish latest data on life insurance claims and disputes

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The Australian Prudential Regulation Authority (APRA) has released its Life Insurance Claims and Disputes Statistics publication, covering a rolling 12-month period from 1 January 2018 to 31 December 2018. The data is... Read more continue reading

Foresight appoints Kim Nguyen as head of Australian operations

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Global infrastructure and private equity investment manager Foresight Group LLP (“Foresight”) has appointed Kim Nguyen head of its Australian operations to lead Foresight’s expansion in the energy infrastructure sector in... Read more continue reading

FASEA releases online Education feedback services

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The Corporations Act 2001 requires all advisers to complete a bachelor or higher degree, or equivalent qualification, approved by FASEA. FASEA has previously issued its education pathways policy detailing the... Read more continue reading

Specialist adviser Scott Hay-Bartlem appointed to SMSF Association Board

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The SMSF Association has appointed Brisbane law firm Cooper Grace Ward Partner and SMSF Specialist Adviser Scott Hay-Bartlem to its Board from 1 July. Hay-Bartlem, a chartered tax adviser and... Read more continue reading