New appointments position Bennelong for future growth

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Bennelong Funds Management (Bennelong) has promoted its Head of Finance, Hamish Wood, to Chief Strategy Officer. He will report to Chief Executive Officer Craig Bingham. Hamish will be responsible for... Read more continue reading

The future of advice lies in finding the right blend of technology and the personal touch: HUB24

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As the technology used in advice practices continues to mature to enhance bottom line results, the challenge for advisers is to find the blend that works best for their business... Read more continue reading

75% of companies not meeting cost reduction targets

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In a new Deloitte survey of what measures Asia Pacific (APAC) companies are undertaking to manage costs and improve margins, Australian companies were found to have the least aggressive cost... Read more continue reading

YTML: ASIC’s example SoA ‘not balanced’

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Customer take up of life insurance advice could be adversely affected if Statements of Advice (SoA) for life insurance do not take a more balanced approach to the information they... Read more continue reading

A Little Bit of History Repeating?

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Historical patterns are among many indicators that can be helpful in the analysis of financial markets, since they can reveal valuable information of drivers or patterns pertinent to assets or... Read more continue reading

Stronger Aussie dollar curbs trade surplus

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International trade; New car sales Trade surplus: The trade narrowed from $2,024 million to $856 million in June. The rolling 12-month surplus rose from $8.9 billion to $12.7 billion (biggest... Read more continue reading

Legg Mason Inc. announces positive results for the quarter

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Legg Mason, Inc. (NYSE: LM), one of world’s largest funds management groups, has reported its operating results for the first fiscal quarter 2018. The Company reported net income of US$50.9... Read more continue reading

The break higher in the Australian dollar is likely to be limited – this is not 2007 all over again!

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Key points The $A has been pushed higher lately by a weaker $US, a rebound in commodity prices and technical considerations. The rising $A is a significant risk for the... Read more continue reading

ASIC targets unlicensed binary option mobile apps

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In March 2017, ASIC conducted a review of various mobile app stores focusing on apps associated with binary options trading. The review highlighted over 330 apps which were offered to... Read more continue reading

Builders again embrace houses

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Building approvals Dwelling approvals: Approvals by local councils to build new homes rose by 10.9 per cent in June after falling by 5.4 per cent in May. House approvals rose... Read more continue reading