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TASA may also affect industry super funds

LAURA MILLAN  |  WEDNESDAY, 19 JUN 2013
As the financial services industry awaits MPs' position on the amendments to the Tax Agent Services Act (TASA) bill, industry superannuation funds have raised concerns that the legislation could also affect them. The Australian Institute of Superannuation ...

New Bloomberg tool a 'game changer'

MARK SMITH  |  WEDNESDAY, 19 JUN 2013
Bloomberg has unveiled a suite of tools and analytics for investor relations professionals to better manage their workflow. Bloomberg's investor relations offering centralises the information, news, research and analytics needed to monitor the markets ...

FIIG appoints joint heads of intermediaries

JAMES FERNYHOUGH  |  WEDNESDAY, 19 JUN 2013
Fixed-income investment specialist FIIG Securities(FIIG) has appointed Emma Jenkin and Cathryn Gross as joint heads of Intermediaries under a part-time job share arrangement. Jenkin, who will be based in Melbourne, worked for eight years at investment ...

Customised portfolios ease FoFA burden

MARK SMITH  |  TUESDAY, 18 JUN 2013
Customised multi-asset portfolios regulated under unit trust schemes can help advisers comply with the new FoFA regime coming into force on 1 July. Select Asset Management (Select) has urged Australian financial advice firms to review the underlying ...

Coalition opposes TASA changes

LAURA MILLAN  |  MONDAY, 17 JUN 2013
The Coalition has opposed the changes to the Tax Agents Services Act (TASA) bill on the same day that the Parliamentary Joint Committee is due to present the results of its inquiry to the Parliament. "It is completely inappropriate to release this sort ...

SPAA CEO appointed to board

JAMES FERNYHOUGH  |  MONDAY, 17 JUN 2013
The SMSF Professionals' Association of Australia (SPAA) has appointed Andrea Slattery as managing director on the association's board. "Andrea has been a magnificent contributor to SPAA as a founder and CEO, and the board now firmly believes the time ...

Latest Financial Standard issue available on the iPad app

STAFF WRITER  |  MONDAY, 17 JUN 2013
In the new edition of Financial Standard, we look at high net worth investing strategies and profile AIST chief executive Tom Garcia. You can read them on your iPad by downloading Financial Standard iPad© app free from the App store, for a limited ...

Who will fill the SMSF education gap?

JAMES FERNYHOUGH  |  FRIDAY, 14 JUN 2013
The expansion of the self-managed superannuation fund (SMSF) market is posing new challenges in the education of financial advisers, according to Liz Ward, education manager at the SMSF Professionals Association of Australia (SPAA). Ward said more and ...

Asian LGBT advice firm headhunts Aussie planners

MARK SMITH  |  FRIDAY, 14 JUN 2013
Hong Kong-based Financial Partners, the advisory firm behind Asia's first LGBT (Lesbian, Gay, Bisexual and Transgender) wealth management business, is actively recruiting Australian financial planners to the specialist division. Financial Partners has ...

AIOFP to provide Instreet structured products

LAURA MILLAN  |  WEDNESDAY, 12 JUN 2013
The Association of Independently Owned Financial Professionals (AIOFP) has partnered with Instreet Investment to offer structured products to its members. The partnership is a response to the growing investor demand for tailored financial products that ...