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06 July 2017 • By • 1 min read

FPA education proposal gets member support

A proposal from the Financial Planning Association put to the government’s new adviser education standards body has received broad approval by its ...

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Managed funds being ‘dressed up’ as SMAs

Advisers are increasingly using SMAs that replicate managed fund model portfolios, but they could be exposing clients to large tracking errors, warns ...

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Large caps doing it 'tough' , says Zenith

Large-cap Australian share funds are underperforming the benchmark and enduring their toughest relative return period in years, according to Zenith ...

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BNY Mellon entity secures Chinese approval

BNY Mellon Investment Management has announced it has received approval from a Chinese government department as the final step to incorporating an ...

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RBA keeps rates on hold in July

The Reserve Bank of Australia (RBA) has kept the official cash rate on hold at 1.5 per cent. The RBA's decision to keep the official cash rate on ...

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CFS FirstChoice adds Legg Mason fund

The Legg Mason Martin Currie Real Income Strategy fund has been added to the Colonial First State FirstChoice platform. Launched in 2010, the Legg ...

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DomaCom signs crowdfunded property agreement

DomaCom has signed a deal with a property developer to launch a residential community land project in regional Victoria. The deal with Akuna ...

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Time to ‘rein in’ risk, investors warned

The “reflation narrative” that has gripped markets since the election of Donald Trump appears to have little basis in reality, says US fund manager ...

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Room for growth left in LIC market: AFIC

The rapid increase in listed investment company (LIC) listings on the ASX could continue, albeit with specialist companies targeting niche sectors of ...

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Bank culture warrants further investigation, Senate hears

A Senate committee has said further investigation is needed into a “powerful driver of frontline behaviour” by bank staff that harmed employees and ...

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