FPA welcomes imminent introduction of Education and Professional Standards Legislation

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The Financial Planning Association of Australia (FPA) has welcomed yesterday’s announcement that the Government’s planned legislation to mandate professional standards for financial planners will be introduced by the end of the... Read more continue reading

Altius bond funds receive ‘Recommended’ ratings

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Research house Lonsec has awarded “Recommended” ratings to the Altius Bond Fund and the Altius Sustainable Bond Fund. Both Funds seek to provide investors with regular income distributions while preserving... Read more continue reading

AMP Capital acquires stake in the Victorian Desalination PPP Project

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AMP Capital has reached financial close on a deal to acquire a 5.2 per cent stake in the Victorian Desalination Project (VDP) from Pacific Partnerships. The acquisition is funded by... Read more continue reading

InPayTech Limited Initial Public Offer opens

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Integrated Payment Technologies Limited (InPayTech) has formally opened its Initial Public Offer (IPO). InPayTech is an Australian financial technology company that has created a unique payments process in support of... Read more continue reading

Weekly market update – week ending 14 October, 2016

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Investment markets and key developments over the past week Most share markets (with the exception of Chinese shares) fell over the last week on the back of a some soft... Read more continue reading

Member Engagement at AFA National Adviser Conference confirms AFA’s strong position

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The Association of Financial Advisers (AFA) 2016 National Adviser Conference (the Conference) held in Canberra last week highlighted the AFA’s core strengths in attracting new members, adviser engagement and bringing... Read more continue reading

ASIC consults on four ‘sunsetting’ class orders on registered managed investment schemes

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ASIC has released a consultation paper proposing to remake four class orders on registered schemes, which are due to expire (‘sunset’) between 1 October 2017 and April 2018. The instruments that... Read more continue reading

Perpetual Investments announces new GM Distribution

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Perpetual has announced Matt Thompson is the new General Manager of Distribution for Perpetual Investments, effective 17 October. Mr Thompson has held the role of Head of Wholesale Business in... Read more continue reading

Zurich Emerging Markets Fund receives ‘Recommended’ Zenith rating

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Zurich Financial Services Australia (Zurich) has announced that its Emerging Markets Equity Fund has received its first rating from Zenith: ‘Recommended’. In its report, Zenith points to the Fund’s unique... Read more continue reading

Research shows ‘strong argument’ to lift concessional cap

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The SMSF Association has produced compelling evidence that the Federal Government should increase the concessional contribution cap for people aged 50 and over and extend the carry forward of concessional... Read more continue reading