HUB24 Investment Service repositions to meet FOFA reforms

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The HUB24 Investment Service (HUB24), a service offering of ASX listed wealth management services utility and stockbroker, Investorfirst Limited (ASX: INQ), has announced that it will reposition its service to

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Asia’s dividend ‘sweetspot’ continues to yield

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Below is a market comment from Jason Pidcock, head of the Asian Equities desk at Newton, part of BNY Mellon Asset Management, on the outlook for equity income investing in

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AMP announces product and platform plans for the merged AMP/AXA business

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AMP Limited has completed initial integration planning for its merger with AXA Asia Pacific’s Australian and New Zealand businesses, announcing high level decisions on how it will bring the two company’s products

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AMP welcomes Standard & Poor’s rating upgrade

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AMP Limited has welcomed the upgrade of The National Mutual Life Association of Australasia Limited’s (National Mutual Life) rating from A+ to AA- by Standard & Poor’s (S&P). National Mutual

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Managers Take Different Approaches To Address Mortgage Fund Liquidity With Mixed Outcomes, says S&P

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Standard & Poor’s Fund Services’ rated nine mortgage fund products as part of its Australian Fixed Interest -Mortgages sector review. The funds included six conventional mortgage funds, two hybrid funds,

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S&P Three-Star ‘NEW’ Rating for Australian Unity Diversified Property Fund

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Standard & Poor’s Fund Services today assigned its three-star ‘NEW’ rating to the Australian Unity Diversified Property Fund, managed by Australian Unity Property Funds Management Ltd. In September 2010, Australian

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FPA: Measures to fix excess contributions falls short

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FPA propose further reforms to super contributions to secure Australia’s long term retirement savings. x Last night’s Federal Budget announcement allowing excess superannuation contributions to be refunded back to the

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SPAA says Budget fails to adequately address excess contributions problem

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SPAA believes measures do not go far enough and will deny middle Australians the opportunity for saving for a comfortable retirement The Self-Managed Super Fund Professionals’ Association of Australia (SPAA)

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ASIC consults on financial requirements for issuing retail OTC derivatives

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ASIC has released a consultation paper to seek feedback on the financial requirements for issuers of over-the-counter (OTC) derivatives, such as contracts for difference or margin foreign exchange, to retail

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ETF market lifts off, with more upside growth to come

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Australia’s fledgling Exchange Traded Fund (ETF) market represents a shining light in an otherwise sluggish post-GFC market for the wealth management sector. While traditional managed funds have struggled for headway

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