Financial advice legislation an important step in the right direction

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The SMSF Association welcomes yesterday’s introduction by the Government of its legislation to lift the education and ethical standards of financial advisors. “This legislation is a critical step in lifting the... Read more continue reading

NAB Asset Servicing deal catapults OneVue forward

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OneVue has announced that it has been appointed by National Australia Bank (NAB) Asset Servicing to provide unit registry services to NAB’s clients. NAB Asset Servicing is one of the largest... Read more continue reading

AFA welcomes progress on professionalism

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The Association of Financial Advisers (AFA) welcomes the introduction of the Professional Standards Bill (the Bill) yesterday as another step towards recognising financial advice as a profession and providing greater certainty... Read more continue reading

Aussie retail investors set to benefit from global growth

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Award winning high-conviction equities manager Hyperion Asset Management (Hyperion), has yesterday announced that its latest fund, the Hyperion Global Growth Companies Fund (Global Growth Fund) will be open to direct applications... Read more continue reading

Payden Global Income Opportunities Fund takes a place in AMP North and Zenith model portfolios

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The Payden Global Income Opportunities Fund has been added as an investment option to the AMP North online platform and added as an option to the Zenith model portfolios. The... Read more continue reading

Markets continue to believe in Trump now the shock has receded

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Markets appear to have settled in the belief that Trump will be positive for US businesses, says Instreet managing director George Lucas. “Sectors such as construction and banks have done... Read more continue reading

2017 set to become year of migration as quality advisers continue to weigh up their licensing options

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Privately-owned national advice firm Fitzpatricks Private Wealth believes the New Year is shaping up as a watershed for the movement of high quality financial advisers into licensing arrangements better suited... Read more continue reading

AMP’s North wrap products hit $25 billion FUM

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AMP’s North wrap products, North and MyNorth have collectively hit $25 billion in funds under management (FUM), with AMP’s flagship wrap platform MyNorth reaching $4.4 billion FUM since its February... Read more continue reading

Charter Hall launches new direct industrial fund to meet investor demand for income yield and resilient growth

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Charter Hall Group, one of Australia’s leading integrated property groups with $18 billion of assets under management, has announced the launch of its fourth Direct Industrial Fund (DIF4) which features a... Read more continue reading

XTBs added to Macquarie digital wealth management platform OwnersAdvisory

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Reflecting the continued search for income in a low-yield environment by investors, in particular SMSFs, ‘XTBs’ have recently been added to OwnersAdvisory by Macquarie. The OwnersAdvisory platform offers custom advice... Read more continue reading