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STAFF WRITER  |  MONDAY, 29 JUL 2013
In the new edition of Financial Standard we look at the evolution of platforms, breaking our lump sum love affair and we showcase the Franklin Templeton Australian Equity Fund. We also profile Manny Pohl, the co-founder of Hyperion Asset Management ...

SSgA invests $50m in Chinese fund manager partnership

MARK SMITH  |  FRIDAY, 26 JUL 2013
Investment manager State Street Global Advisors (SSgA) has launched a joint venture in China with Zhongrong International Trust (ZRT). Based in Beijing, the joint venture will manage local investment funds on behalf of retail, high net worth and institutional ...

ASIC highlights higher enforcement rate ahead of Senate inquiry

LAURA MILLAN  |  THURSDAY, 25 JUL 2013
The Australian Securities and Investments Commission (ASIC) has made a total of 371 enforcement actions between January and June 2013, according to an enforcement report released ahead of the Senate inquiry on ASIC's performance. In line with its efforts ...

Credit Suisse to launch small-cap business with First NZ Capital

MARK SMITH  |  THURSDAY, 25 JUL 2013
Credit Suisse and First NZ Capital have expanded their partnership to form a new business focused on the Australian small-cap sector. Credit Suisse Australia and the New Zealand stockbroker have held a strategic alliance since 2002. Credit Suisse said ...

AFA to release code of conduct this year

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
... (ASIC) to release guidance on the issue, which the regulator did in March 2013. "The AFA is absolutely committed to the profession and the primary focus of the code of conduct will be quality advice and the consumer," the AFA chief operations officer ...

Centrepoint spent $4.9 million in client claims

LAURA MILLAN  |  WEDNESDAY, 24 JUL 2013
Professional Investment Services (PIS) owner Centrepoint Alliance Group spent $4.9 million to cover client claims in relation to the performance of some of its advisers. The company revealed to the Australian Securities Exchange (ASX) that the group ...

Generation Y busts SMSF age myth

JAMES FERNYHOUGH  |  TUESDAY, 23 JUL 2013
Increasing numbers of people under 30 are setting up - or plan to set up - self-managed superannuation funds (SMSFs), according to a new study by Macquarie Bank and the SMSF Professionals' Association of Australia (SPAA). The study found that 8.1% of ...

Submit your SMILEYS 2014 entry now

STAFF WRITER  |  MONDAY, 22 JUL 2013

FPA outlines concerns on TASA submission to Treasury

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... there was a lack of coordination and collaboration between Treasury, the Tax Practitioners Board (TPB), industry, the profession and the Australian Securities and Investments Commission (ASIC) in regard to developing enhanced education requirements for ...

Submissions open to FPA Best Practice Awards

LAURA MILLAN  |  MONDAY, 22 JUL 2013
... only complied with the Code of Professional Practice, but in so doing have offered a considerable contribution to the profession through community involvement, mentoring and support to their local FPA Chapter," he said. All members of the FPA are eligible ...