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SMSF pool still ripe for financial advice: AMP

KANIKA SOOD  |  FRIDAY, 13 APR 2018
... advisers to tap into the SMSF trustee base. "The research showed 22% of trustees intend to invest in managed funds over the next 12 months, with one of the main reasons to increase portfolio diversification. There's an opportunity for advisers to discuss ...

CBA advice failures unacceptable: Comyn

DARREN SNYDER  |  FRIDAY, 13 APR 2018
... we owe our customers an apology for letting them down. Providing quality financial advice is critical for our customers. "Next week the Royal Commission will hear more about issues in financial advice where we have failed our customers and we need to ...

Open banking data to become super fund value add: QMV

KANIKA SOOD  |  FRIDAY, 13 APR 2018
... data to improve their services even before open data frameworks officially hit the super industry. Super funds will be the "next logical step" after open banking has been implemented in banking services, utilities and telecommunications, QMV risk and ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... inflation would return to 2% over the medium term, implied that the appropriate path for the federal funds rate over the next few years would likely be slightly steeper than they had previously expected." The financial markets would have had a negative ...

Optimo adds SMSF modelling to platform

KARREN VERGARA  |  FRIDAY, 13 APR 2018
... he added. Advisers can sign up for a free trial of the current system, including the SMSF beta release. Bannister said the next production phase will include modelling property within SMSFs. In July last year, Pathfinder added a functionality to make ...

Banking veteran retires

KARREN VERGARA  |  THURSDAY, 12 APR 2018
... he has had not only on our relationships with our customers and key stakeholders, but also for the way he has mentored our next generation of leaders," he said. Elliott added: "Personally, I want to thank him for his efforts in helping reshape ANZ into ...

Evans & Partners vet launches new boutique, appoints distribution head

ALEX BURKE  |  THURSDAY, 12 APR 2018
... Partners has launched a new boutique and appointed a head of distribution from J.P. Morgan, flagging further hires over the next 12 months. Stephen Arnold, who managed more than $1 billion at Evans & Partners for six years, established Aoris Investment ...

Chief economist update: RBA certain to raise interest rates

BENJAMIN ONG  |  THURSDAY, 12 APR 2018
Speculate no further, "the next move in the cash rate will be up, not down." Reserve Bank of Australia (RBA) Governor Philip Lowe cannot be more explicit about monetary policy direction than this when he addressed the Australia-Israel Chamber of Commerce ...

AFA responds to 'disappointing' PJC life insurance report

KARREN VERGARA  |  WEDNESDAY, 11 APR 2018
... of a profession that provides an immeasurable benefit to people and the community in which they live," he said. The AFA's next steps involve speaking to the government with respect to its views on the report.

FASEA announces leadership transition

DARREN SNYDER  |  TUESDAY, 10 APR 2018
... platform designed by standards expert Dr Sanders and enable the board to recruit a suitably qualified chief executive for the next important phase," Walter said. "Dr Brimble brings a new skill set, and proven leadership capability in higher education ...