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Modern business demands driving adviser education uptake

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... and self-managed superannuation are proving popular. A recent Financial Standard spot survey found about 40% of advisers are not intending to undertake tertiary or equivalent courses to meet the new standards. Conversely, 28% of respondents said they ...

Industry veteran acquires SMSF administrator

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... intends for SMSF Alliance's approach to be "quite opposite to the modern trend of industrialising SMSF admin." "All SMSFs are not the same and dumbing down the admin approach merely diminishes the potential benefits to your clients and your business," ...

Praemium enhances digital offering

JAMIE WILLIAMSON  |  TUESDAY, 6 FEB 2018
... uses international, standards-based technology that time stamps and encrypts the acceptance and ensures the experience is not only efficient but also secure," Praemium said. As Praemium SMA already offers advisers increased efficiency through market-leading ...

Advisers decline further education: Spot poll

KARREN VERGARA  |  MONDAY, 5 FEB 2018
A large cohort of advisers without the necessary educational qualifications will not undertake further study to meet the professionalism deadline, Financial Standard's weekly survey reveals. Two-in-five or 39% of advisers don't intend to undertake tertiary ...

Crowe Horwath names senior appointments

KARREN VERGARA  |  MONDAY, 5 FEB 2018
... his new role, Hobart-based Dean said: "I hope to use my understanding of the unique reporting and audit requirements of the not-for-profit sector to further build on Crowe Horwath's strong links with the sector and to foster an environment where the ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... positions since the previous report. Some Districts reported that firms expect wages to increase in the months ahead" and it's not hard to pencil in continued wage gains. And oh, there's also Trump's tax cut - which had already prodded several US companies ...

Open banking regime to boost advice

DARREN SNYDER, KARREN VERGARA  |  MONDAY, 5 FEB 2018
... data - allowing them to share it with wealth managers for new or better services. However, giving consumers more control does not automatically translate to immediate benefit. In its submission to Treasury's review of open banking in Australia, Fintech ...

Thomson Reuters sells analytics business to institutional investors

DARREN SNYDER  |  FRIDAY, 2 FEB 2018
... continue delivering innovative products to the market." Reuters News will continue to remain a part of Thomson Reuters and will not be included in the assets being acquired. The new F&R will enter into a 30-year contract for the exclusive rights to distribute ...

MGP flags global search for COO and head of product

ALEX BURKE  |  FRIDAY, 2 FEB 2018
... executive team. MGP explained: "This includes the filling of budgeted positions in the pre-merger MGP business which were not filled when it was apparent that the merger transaction would complete." Other operational changes include a review of technology ...

Pension phase SMSFs prefer Aussie equities

JAMIE WILLIAMSON  |  FRIDAY, 2 FEB 2018
... domestic shares is likely to be influenced by the fact that franking credits are heavily used by Australian companies and are not generally available for international shares," Class states. The analysis demonstrated not only that pension phase SMSFs ...