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| | | The financial services industry has welcomed the parliamentary agreement between the Coalition and Labor to fix the unintended consequences of scrapping grandfathering from the Future of Financial Advice (FoFA) legislation. The Financial Planning Association ... |
| | | | The Australian Institute of Superannuation Trustees (AIST) is calling on the government to maintain separate disclosure of low income superannuation contribution (LISC) payments on superannuation statements. While the government has moved to abolish ... |
| | | | The biggest developed economy in the world growing at a revised annualised rate of 3.9% (from an initial guess of 3.5%) in the third quarter and Wall Street gives it a big gaping yawn? What gives? The tale of the Wall Street tape showed the S&P 500 ... |
| | | | The Australian market looks set to open higher after Wall Street stocks fluctuated as data showing the economy expanded more than previously forecast was offset by a drop in consumer confidence. At 0815 AEST on Wednesday, the December share price index ... |
| | | | The Australian share market has opened higher after a surprise cut to interest rates in China boosted mining stocks. The People's Bank of China has unexpectedly cut benchmark interest rates for the first time in more than two years to boost sagging ... |
| | | | The "catch-all" phrase within the Future of Financial Advice (FoFA) best interests' duty provision is back, with advisers wondering what it means for their businesses. The Financial Planning Association (FPA) general manager of policy and conduct Dante ... |
| | | | As a student of economics, I've heard about John Maynard Keynes' 'Paradox of Thrift', David Ricardo's 'Ricardian Equivalence Theory', A Alan Greenspan's 'Interest Rate Conundrum' (which appears to be making a return performance in the US) and of course ... |
| | | | The Australian market looks set to open lower despite Wall Street again heading for record highs as support from central banks inspires confidence in the global economy. At 0821 AEST on Tuesday, the December share price index futures contract was down ... |
| | | | The Australian share market has opened one per cent higher. At 1010 AEDT on Monday, the benchmark S&P/ASX200 index was up 53.0 points, or 1.00 per cent, at 5,357.3, while the broader All Ordinaries index was up 51.7 points, or 0.98 per cent, at 5,343.8. ... |
| | | | Equip's partnership with AustralianSuper as a defined benefit (DB) provider is gaining traction, with one significant prospect already in the pipeline. As well as seeing Equip take over AustralianSuper's DB scheme, the partnership will also see the ... |
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