Charles Smith joins NAB Wealth Advice

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NAB Wealth has announced Charles Smith as the new Business Growth Manager, Strategic Alliances & Growth. Charles brings with him 25 years of experience within the wealth management industry, having... Read more continue reading

Surge in demand for multi-devise, multi-asset trading

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Saxo Capital Markets, Australian subsidiary of online trading specialist Saxo Bank, has revealed that 50% of its Asia Pacific region trading volume and revenue is now being generated by retail... Read more continue reading

Early Christmas present for motorists

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Job advertisements; Weekly petrol prices Petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 1.6 cents per litre to 124.7 cents... Read more continue reading

On the economy: New normal or abnormal?

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Over the past five years, the average annual growth of 2.1% in real gross domestic product clearly fits the narrative of the new normal. Yet the economy’s recent performance has... Read more continue reading

AFA welcomes release of draft LIF legislation, and draft legislation on professional standards for financial advisers

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The Association of Financial Advisers (AFA) welcomes the Government’s release of Exposure Draft Legislation for the new Life Insurance Framework (LIF) and the release of draft legislation on Professional Standards... Read more continue reading

Weekly market update – week ending 4 December, 2015

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Investment markets and key developments over the past week The past week was dominated by worries about the Fed hiking rates later this month against a background of mixed economic... Read more continue reading

FPA welcomes standards legislation but says some elements ‘not workable’

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The Financial Planning Association of Australia (FPA) has welcomed the Government’s move to enshrine higher educational and professional standards for financial planners in legislation, but has cautioned some elements are... Read more continue reading

SMSFA welcomes draft legislation to raise professional advice standards

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The Federal Government’s draft legislation to raise the professional standards of financial advisors is another important step down the path of giving Australians “quality” financial advice and to build consumer... Read more continue reading

FPA and ING DIRECT announce National Advice Partnership

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The Financial Planning Association of Australia (FPA) and ING DIRECT yesterday announced the launch of a pilot national advice referral program that will connect ING DIRECT Living Super customers with FPA... Read more continue reading

Atrium achieves $1 billion FUM milestone, pegging solid investor returns with lower volatility

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An investment approach that ignores market noise and avoids investment herds has helped Atrium Investment Management (Atrium) reach its first billion dollars in funds under management, while delivering solid investment... Read more continue reading