Family finances in best shape for 8 months

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Consumer sentiment; Purchasing managers survey Consumer confidence: The ANZ-Roy Morgan consumer confidence rating rose by 0.8 per cent to a 7-week high of 118.1 in the past week. The index is... Read more continue reading

Eaton Vance joins Responsible Investment Association Australasia

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Eaton Vance, a leading global asset manager, today announced that Eaton Vance Australia Pty., its Australian business unit, has joined the Responsible Investment Association Australasia (RIAA).  The RIAA is the... Read more continue reading

Latitude announces new Managing Director & Chief Executive Officer in Ahmed Fahour

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Latitude Financial Services (‘Latitude’ or the ‘Company’), a leading consumer finance business in Australia and New Zealand, has announced the appointment of Ahmed Fahour as Managing Director and Chief Executive... Read more continue reading

Weekly market update – week ending 28 September, 2018

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Investment markets and key developments over the past week While US shares fell slightly over the last week most major share market saw gains. Bond yields fell a bit in... Read more continue reading

FOS / AFCA transition involves much work for AFL licensees

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By now, all credit and financial services licensees, and superannuation trustees must have joined AFCA. But don’t overlook the additional work required to effectively transition from your existing external dispute... Read more continue reading

ASIC releases guidance on code of ethics compliance schemes for financial advisers

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ASIC has released guidance on its proposed approach to approving and overseeing compliance schemes for financial advisers (RG 269). The financial advice professional standards reforms include obligations for financial advisers... Read more continue reading

Fastest lift in non-bank lending in a decade

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Private sector credit Lending: Private sector credit (effectively, outstanding loans) rose by 0.5 per cent in August after a 0.4 per cent rise in July. Credit was up 4.5 per cent... Read more continue reading

Study of international financial advisory community establishes first “Know Your Client” benchmark

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Financial advisers and financial planners (financial advisers) who engage in leading “know your client” behaviours see 72 per cent higher net client growth and 56 per cent more of their... Read more continue reading

Plan Well to Live Well on World Financial Planning Day, says FPA Six steps to finding a financial planner

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The Financial Planning Association of Australia (FPA) is urging Australians to “plan well to live well” as part of global efforts to raise consumer awareness of the value of financial... Read more continue reading

AMP Capital divests from tobacco securities worth A$440 million

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AMP Capital has completed the divestment of A$440 million worth of tobacco manufacturing-related holdings from its portfolios, representing the largest divestment of tobacco securities by a fund manager in Australia.... Read more continue reading