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CountPlus rolls out new service to member firms

ALEX BURKE  |  TUESDAY, 12 JUN 2018
CountPlus extended its partnership with Xero to provide access for all member firms to the company's cloud-based accounting software. This extended partnership was referred to a "platinum agreement" by CountPlus chief executive Matthew Rowe, who ...

What worries Aussie advisers: Natixis

KANIKA SOOD  |  TUESDAY, 12 JUN 2018
... on-going revelations from the Royal Commission, and the increased focus on regulation in Australian financial services, it is not surprising that over 90% of financial advisers say keeping up with regulation is challenging, compared with only 83% of ...

Now showing: Trump and Kim

BENJAMIN ONG  |  TUESDAY, 12 JUN 2018
... Korea. A win for North Korea would be the lifting of sanctions on the country first and foremost, a guarantee that the US will not invade North Korea and a reduction of US military presence in South Korea. In name of peace and progress...sure, why not? ...

Prospa postpones IPO after consultation with Macquarie, UBS

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
... in response to the regulator's letter. In its statement Prospa added it was satisfied the issues discussed with ASIC were not material to its IPO, it also said no additional disclosure was required in the prospectus. Additionally, the company said it ...

Former NAB adviser permanently banned

HARRISON WORLEY  |  FRIDAY, 8 JUN 2018
ASIC has permanently banned a former NAB financial adviser after it found he acted dishonestly and was not of good character. Max Kiattisak Eung, who also goes by Kiattisak Eungpongpan, has been banned by the regulator as it continues to investigate ...

Technical Services Forum looks at tax and aged care

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... couple co-habitates a single room in same facility. Wrapping up the forum, Janet reminded the audience technical services is not just about making calculations but about asking the right questions, exploring client circumstances, seeking other options ...

AMP slides off ASX top 20

KANIKA SOOD  |  FRIDAY, 8 JUN 2018
... Financial Standard. The investment products built on the S&P/ASX 20 include a BlackRock ETF, the iShares S&P/ASX 20 ETF, which did not have AMP in its top-10 holdings as at April 30. The S&P/ASX 20 index measures the performance of 20 actively-traded ...

AFA criticises draft FASEA standard

KARREN VERGARA  |  FRIDAY, 8 JUN 2018
... stand up against inappropriate actions by licensees." With respect to Standard 1: Act in Accordance with the spirit - and not only the letter - of all relevant laws and regulations, the AFA highlighted instance where this is difficult to monitor. While ...

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... into a technical recession. The details of the National Accounts show that the economy would have contracted by more had it not been from the 0.1 percentage point contribution from net exports. Private demand fell 0.3% in the first quarter subtracting ...

Blue Sky denies private equity selloff

ALEX BURKE  |  THURSDAY, 7 JUN 2018
... business. KPMG is currently conducting an independent review of all Blue Sky-managed assets, although Blue Sky noted it is not reviewing the company's business model or management structure. Blue Sky is carrying out the business model review itself ...