Weekly Market Update – week ending 15 June, 2018

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Investment markets and key developments over the past week The past week saw most share markets gain as strong US data more than offset worries about a more hawkish Fed... Read more continue reading

Licensing rules limit advice on the Pension Loans Scheme

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Financial planners will be limited in providing advice on the Pension Loans Scheme (PLS) unless they are adequately licensed. Louise Biti, Director at Aged Care Steps said, “We identified a... Read more continue reading

ASIC reports on decisions to cut red tape – October 2017 to March 2018

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ASIC has released its latest report outlining decisions on relief applications, highlighting ASIC’s efforts to reduce red-tape and achieve a practical, positive outcome for companies seeking some regulatory flexibility. The... Read more continue reading

GAM Systematic wins mandate in Australia

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GAM Investments yesterday announced the win of a new Australian mandate for its GAM Systematic Alternative Risk Premia strategy. AMP Capital, one of Australia and New Zealand’s leading specialist wealth... Read more continue reading

Fitzpatricks chooses HUB24 for platform solution

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After a rigorous market review Fitzpatricks Private Wealth, one of Australia’s largest privately-owned licensees with over 75 authorised representatives, has selected leading financial services firm HUB24 (ASX:HUB) as its platform... Read more continue reading

Equity Trustees appoints US representative

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Equity Trustees has opened the door for a smooth and easy path for US fund managers aspirations to enter the European and Australian markets by appointing a resource on the... Read more continue reading

Fed interest rate decision – commentary from Charles Schwab Australia

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Lachlan McPherson, Senior Investment Consultant at Charles Schwab Australia, said: “The US economy has moved from strength to strength in 2018, with consumer and business confidence continuing to rebound. In... Read more continue reading

Proposed increase in SMSF members from 4 to 6

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In the 2018 Federal Budget the Government proposed increasing the limit on the maximum allowable number of members in an SMSF (and a Small Apra Fund or SAF) from four... Read more continue reading

New LRBA rules to apply after 1 July 2018

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A new piece of legislation giving effect to proposed measures announced during the 2018 Budget in respect of limited recourse borrowing arrangements (‘LRBA’) is currently being discussed by Parliament. What... Read more continue reading

AMP Capital awards a new risk-premia mandate to GAM

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AMP Capital has awarded an initial $135 million risk-premia mandate to GAM Investments, one of the world’s leading independent, pure-play investment managers. This mandate is for the GAM systematic alternative... Read more continue reading