ATO ruling on LRBAs gets thumbs up from SMSF Association

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The SMSF Association welcomes the Australian Taxation Office’s Tax Determination on related-party limited recourse borrowing arrangements (LRBAs) and how they relate to the “safe harbour” guidelines for bringing greater clarity... Read more continue reading

FPA urges universities to offer financial planning programs

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The Financial Planning Association of Australia (FPA) has called on universities and other education providers across Australia to work with planning professionals in developing subjects and degree programs in light of the... Read more continue reading

Central banks again in the spotlight

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Central Banks are back in the spotlight this week. The Fed has postponed rate action again while the Bank of Japan (BOJ) has announced two policy changes. Principal Global Investors... Read more continue reading

NowInfinity readies for fintech growth

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Leading cloud-based documentation platform NowInfinity has completed a proactive restructure, in a move which will expand both its executive management and business operations and ready the company for FinTech growth.... Read more continue reading

Global exposure needed to meet investment objectives

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In its recent Strategic Asset Allocation Review, Lonsec made downward revisions to long-term expected returns across most asset classes, including a reduction in the expected performance of Australian equities. This... Read more continue reading

Second tranche of draft super reforms released

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Treasury has released the second tranche of exposure draft legislation and regulatory amendments to implement their proposed budget measures. Here, IOOF Technical Services Manager, Josh Rundmann, explains the changes and... Read more continue reading

ASIC updates regulatory framework for charitable investment fundraisers

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ASIC has issued a revised policy and regulatory framework for charities that raise investment funds. The framework removes regulatory barriers to the issue of financial products while strengthening protection for... Read more continue reading

Zurich unveils revamped and expanded life risk distribution team

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Following confirmation that its acquisition of Macquarie Life’s risk business can proceed, Zurich Financial Services Australia Limited (Zurich) has unveiled an expanded risk distribution team. The revamp sees 14 new... Read more continue reading

AFA and ANZ Wealth announce Rising Star finalists

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The Association of Financial Advisers (AFA) and ANZ Wealth have announced the six finalists in the 2016 AFA Rising Star of the Year Award (the Award). Launched in 2005, the... Read more continue reading

Aofun offers new lease of life to first home buyers

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Melbourne-based online property portal, aofun.com.au, has devised an innovative solution to allow property buyers – mainly from overseas – who have made down payments on off-the-plan properties the opportunity to... Read more continue reading