In the election lead-up the major accounting groups urged the Senate cross-bench to delay legislation on the tax-deductibility of the GIC.
Seasoned superannuation and governance executive, Jocelyn Furlan, has joined the two superannuation trustee boards of Equity Trustees.
The University of Adelaide endowment fund has committed to invest in Osmosis’s Resource Efficient ex-Fossil Fuels Fund.
Amundi has revised its macro long-term projection for global economic growth, predicting deceleration in developed markets, with Asia picking it up.
AFCA has expanded its support policies for employees affected by domestic violence, with significant improvements made across flexibility.
The RBA signalled its return to a steady rate easing cycle by holding the cash rate at 4.10 per cent, following February’s 25bp reduction.
ASIC has pointed to some super fund trustees continuing to deduct premiums and financial advice fees from deceased members’ accounts.
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WT Financial group has looked to a JV with PE player Merchant to fund further growth across its financial planning network.
Financial advice is at an inflection point which will provide the opportunity for financial advisers to be at the top of the food chain.
The number of financial advice micro-licensees has been growing but they still only account for about a third of advisers.
ASIC has signalled a crack-down on death benefit claims handling after a review of 10 of Australia’s largest funds found shortcomings.
The rules which allow the trustees of major industry superannuation to pay fines from member funds are in need of change a panel has found.
Financial advisers are facing into increased regulatory levies but super funds, insurers and banks have had better news around the APRA levy.
The “mixed but generally positive results” from the February reporting season has seen opportunities arise for active investors and managers.
Global X has expanded its stable of physical gold-pegged EFT products, adding a new currency hedged option for Australian investors.
Finder’s latest RBA Cash Rate Survey, ahead of the central bank’s decision tomorrow, found 94 per cent of economists polled expect a hold.
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