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Big year in platforms and super: AMP Fin Services

LAURA MILLAN | THURSDAY, 21 FEB 2013

... Flexible Super also boosted the numbers. The company also saw a growth in the number of financial planners and 209 new advisers joined its Australian network last year. Recruits from AMP's Horizons financial planning academy were also a main source of ...

Industrial property funds draw SMSFs

LAURA MILLAN | WEDNESDAY, 20 FEB 2013

... yesterday that between 60 and 70 per cent of investors approaching their industrial funds are SMSFs, the rest are financial advisers and private banks. "SMSFs don't necessary need liquidity, they are looking for low risk funds and, from a tax perspective ...

Rethinking the value of asset consultants

ALEX DUNNIN | TUESDAY, 19 FEB 2013

... give investors the diversification they should have," said Schoenheimer. This pace of change is forcing funds and their advisers to act more quickly and monitor events much more intensely. It is no longer appropriate to review strategic asset allocation ...

AFA mulls fresh approach to FOFA code of conduct

LAURA MILLAN | TUESDAY, 19 FEB 2013

The Association of Financial Advisers (AFA) is still looking for a practical approach to the Future of Financial Advice (FoFA) Code of Conduct requirement, AFA newly appointed CEO Brad Fox said. "The first opt-in obligation does not kick in until July ...

Even interns need insurance, too: Asteron Life

LAURA MILLAN | TUESDAY, 19 FEB 2013

... will change once they settle. "In the last 12 months Asteron Life has seen a renewed focus on graduates from a number of advisers who we work closely with," Asteron Life executive manager Mark Vilo told Financial Standard. "Those advisers are keen to ...

Van Eyk warns against New Year financial predictions

LAURA MILLAN | TUESDAY, 19 FEB 2013

Van Eyk head of Strategic Research Jonathan Ramsay warned financial advisers and investors against New Year financial predictions and asked them to "think carefully before acting on the latest round of New Year predictions for economies and markets." ...

Don't meddle with super industry bodies warn Govt

LAURA MILLAN | FRIDAY, 15 FEB 2013

... believe that if they do, there will be a bipartisan political commitment to the system." The Association of Financial Advisers (AFA) also raised its voice yesterday against changes to superannuation. In a financial services round table hosted by the ...

MLC appoints head of Platform Sales

LAURA MILLAN | FRIDAY, 15 FEB 2013

... follows a new account manager strategy that MLC introduced in 2012. The new strategy aims to ensure that both independent advisers and those aligned to MLC get the most appropriate support depending on the location and focus of their business model ...

Portfolio management tool launched

LAURA MILLAN | THURSDAY, 14 FEB 2013

... tailored portfolios within prescribed mandates. According to Financial Simplicity, the tool allows portfolio managers and advisers to review the entire client portfolio in one screen, while also validating positions against traditional industry benchmarks ...

Ex-drug dealers now hitting-up SMSFs: ACC

BEN COLLINS | THURSDAY, 14 FEB 2013

... detailed information to gain a "head start" before ripping off their victims. To the audience of SMSF accountants and advisers, Lacey said: "let me be clear, organised crime is targeting this [the SMSF] sector." The ACC spearheaded a major investigation ...

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Treasury responds to Debelle's review into the AOFM

KARREN VERGARA

Treasury has responded to the Guy Debelle-led review into the Australian Office of Financial Management (AOFM), agreeing to all six recommendations.

Bravura ups guidance, reports earnings increase

RIDDHIMA TALWANI

Bravura Solutions informed investors cost discipline will protect its full year earnings result after a client migrated to a Business Process Outsourcing (BPO) early in the year.

MaxCap hires from Vanguard, AustralianSuper

MATTHEW WAI

MaxCap has welcomed two senior directors, including a portfolio manager from Australia's largest super fund, reporting to the recently named chief executive Kylie Robb.

Zenith snags mandate from Granite Bay

MATTHEW WAI

Granite Bay Private Wealth has selected Zenith Investment Partners to support their investment governance and due diligence.

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Blake Briggs

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Since becoming chief executive, Blake Briggs has renewed the Financial Services Council's influence, expanded the membership base, and strengthened its policy and advocacy credentials. Karren Vergara writes.

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