AIA completes acquisition of Sovereign Assurance Company Limited (“Sovereign”)

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AIA Group Limited (“AIA” or the “Group”) is pleased to announce that its wholly-owned subsidiary AIA International Limited has successfully completed its acquisition of Sovereign. As previously disclosed on 21... Read more continue reading

AMP Capital’s Crossroads Logistics Centre development hits milestones

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AMP Capital yesterday announced it had completed its second purpose-built facility at Casula’s Crossroad Logistics Centre. Completed this week is a modern purpose-built Sydney regional office for WesTrac, the Caterpillar... Read more continue reading

AMP Capital expands Real Estate leadership team with key appointments

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AMP Capital has announced new appointments in its real estate business, including a new role focused on growing its real estate capabilities in international markets. Chief Operating Officer, Real Estate... Read more continue reading

IOOF launches Managed Discretionary Account solution on flagship platform 

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IOOF yesterday announced it is launching Managed Portfolio Service (MPS), a managed discretionary account solution, on its flagship IOOF Pursuit platform. MPS is designed specifically to support advisers in efficiently... Read more continue reading

Weekly market update – week ending 29 June, 2018

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Investment markets and key developments over the past week The past week saw geopolitical concerns around trade, and particularly the US-China relationship, continue to dominate investment markets. This saw most... Read more continue reading

The Alliance for a Fairer Retirement System highlights the impact on small business owners of the ALP’s proposal to disallow franking credit refunds and welcomes three new national associations as members

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The recently formed Alliance for a Fairer Retirement System highlights the risks facing thousands of small business owners from Labor’s proposal to disallow cash franking credit refunds. Earlier this week,... Read more continue reading

FPA responds to ASIC SMSF Report

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The Financial Planning Association of Australia (FPA) acknowledges the findings of ASIC’s report into self-managed superannuation fund (SMSF) member experiences and supports the practical tips it provides to financial planners... Read more continue reading

Trade tantrums, tensions and tariffs weigh on investors’ minds

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Trump’s trade tantrums… “Last week trade tensions between the United States and China significantly escalated. President Trump asked US Trade Representative Robert Lighthizer to come up with a list of... Read more continue reading

Asia Region Funds Passport bill is good news for Australian financial industry

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The passing by both Houses of the Bill to introduce the Asia Region Funds Passport (ARFP) is good news for the Australian financial services industry and will play a key... Read more continue reading

SMSF advice needs significant improvement

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Around 90% of financial advice on setting up a self-managed super fund (SMSF) did not comply with relevant laws, a review by the Australian Securities and Investments Commission (ASIC) has... Read more continue reading