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AMPFPA action progresses, associations mergeBY JAMIE WILLIAMSON | WEDNESDAY, 12 FEB 2020 12:36PM
The AMP Financial Planners Association is anticipating a class action to be filed on behalf of its members later this month, as it gears up to merge with the Hillross Advisers Association.
Read more: FPA, AMPFPA, Hillross Advisers Association, AMP Financial Planners Association, Corrs, AFA, Finance Sector Union, Financial Standard, High Court, Neil Macdonald, Small Business Ombudsman
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Towards a perfect currency solution
There is a good chance the planned superannuation guarantee increase to 12% will be deferred again as the nation continues to struggle with the effects of COVID-19, according to Mercer senior partner David Knox.
BetaShares' ETF that tracks crude oil futures is once again changing the length of contracts it tracks and is taking extra measures to automatically convert the ETF to all cash if oil futures drop significantly again.
The global fund manager saw its profits tumble 196% following net outflows of close to $19 billion in the first half of this year, resulting in heavy hits to fee and commission income.
Chi-X TraCRs and funds will now be offered on a privately owned wealth management platform, granting financial advisers and their clients access to some of the world's biggest listed companies.
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