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| | | ASIC has flagged its intention to publish guidance on approval of codes in the advice sector, following changes to the FOFA Bill. Under recent changes, the Australian Securities and Investments Commission (ASIC) would have the ability to exempt advisers ... |
| | | | The Financial Planning Association has called on The Australian Securities and Investments Commission for greater clarity and definitions of quality advice. Approximately 150 practising financial planners, along with licensees and compliance, legal ... |
| | | | The Future Fund yesterday released its portfolio update for the quarter ending 31 March 2012, showing a return for the quarter at 5.4% and 2.2% for the financial year to date. The results show that since the first contribution to the Future Fund on ... |
| | | | The Australian stock market has opened higher, as gains among the big miners helped offset a weak start from the retail banks. At 1032 AEST on Wednesday, the benchmark S&P/ASX200 index was up 7.3 points, or 0.16 per cent, at 4,436.8 points, while the ... |
| | | | ... Irene were dreaming about Australian banks passing on the RBA's 50 basis point reduction in the official cash rate yesterday. Yes, only in our dreams! But Australians all should be grateful that the All Ords index rose by 0.7%, taking its year-to gain ... |
| | | | Australian shares have opened slightly higher as confidence grows in the local market following gains in resources stocks and on high expectations of an interest rate cut. At 1015 AEST on Tuesday, the benchmark S&P/ASX200 index was up 7.4 points, or ... |
| | | | CPA Australia has called on the government to extend an exemption for accountants in line with that granted to financial advisers yesterday. The decision, announced by Assistant Treasurer David Bradbury, extends financial advisers' current exemption ... |
| | | | The Federal Government's FOFA legislation will be implemented on target, said Minter Ellison Lawyers at a roundtable yesterday. "I can't see there being any delays. It would require a change to legislation to do that and I'm sure that there won't be," ... |
| | | | ... Now cue in the usual narratives - QE for the US of A and shift towards less austerity and more focus on growth for Europa. Yes folks, same old, same old. The way things were in overnight trade, we could have just pressed the autopilot and headed for ... |
| | | | ... the index jumped to 72.3 from 69.8 in March. And if for some reason, things again turn pear-shaped, we know whom to call. Yes, it's him, our dear old friend Ben who's watching the economy like a hawk and ever on the ready to print should unemployment ... |
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