AMP Limited provides Q1 18 update

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Highlights: Cashflows subdued in Australian wealth management (AWM); continued strength in AMP Capital and AMP Bank. AWM assets under management of A$128.3 billion at Q1 18, down 2 per cent... Read more continue reading

Zenith appoints David Parr as National Sales Manager

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Zenith Investment Partners has bolstered its sales team with the appointment David Parr as National Sales Manager, reporting to Managing Partner David Smythe. David will work with current National Sales... Read more continue reading

AMP to defend shareholder class actions

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AMP has been served with two class action proceedings: a claim filed in the Supreme Court of New South Wales by Quinn Emanuel Urquhart & Sullivan; and a claim filed... Read more continue reading

Impacts of the 2018 Federal Budget

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The Government handed down the 2018 Federal Budget on 8 May. With an ageing population and baby boomers starting to head towards care years there was a major focus on... Read more continue reading

Personal tax and implications for Aussie savings from the Budget

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Michael Blake, Head of Centuria Life (Centuria Capital’s investment bonds business), comments on the 2018 Federal Budget. “Australians will now have more money in their pockets as a result of... Read more continue reading

InvestSMART to launch new Active ETF

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InvestSMART Group Limited (ASX Code: INV) has announced it will launch an Active ETF, that delivers investors income without sacrificing capital gains. InvestSMART has lodged the product disclosure statement for... Read more continue reading

Budget 2018: A focus on minor adjustments, rather than sweeping reforms

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The Financial Planning Association of Australia (FPA) welcomed measures to simplify income tax and introduce greater flexibility into the superannuation system. FPA CEO Dante De Gori CFP said: “Offering relief... Read more continue reading

IOOF welcomes super helping hand in 2018 Budget

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A ban on exit fees, the ATO helping you track down lost or forgotten super and no insurance for young people with low balances are among changes in the 2018... Read more continue reading

Budget 2018: Government Reverse Mortgage is not enough

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Equity release specialist, Homesafe Solutions Pty Ltd (Homesafe), has welcomed further steps taken by the Federal Government in recognising the need to address the longevity concerns of Senior Homeowners and... Read more continue reading

Three non-executive directors to step down from the AMP Limited Board

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AMP yesterday announced that three non-executive directors have chosen to resign from the AMP Limited Board. Vanessa Wallace and Holly Kramer will step down ahead of the Annual General Meeting. ... Read more continue reading