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09 May 2012 • By Samantha Hodge • 1 min read

FPA to continue work with ASIC

Participation in future ASIC shadow shopping surveys is important for FPA members to combat issues of poor advice, an FPA executive says

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Budget changes to hit retirement savings

Measures in last night's federal budget will harm retirees and the confidence in the superannuation system, industry associations say

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Delay in contributions cap increase unhelpful

Changes to the treatment of superannuation contributions are likely to lead to an overall increase in costs for members.The government's decision to ...

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China's economic flexibility unrecognised

The flexibility of China's economic policy and its benefit is not being acknowledged by many investors.Investors who considered China as being ...

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Licensees stung in budget funding

Licensees face significant increases in fees as a consequence of the government's FOFA funding.Australian financial services licence (AFSL) ...

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Industry backs St John report

The FPA and AFA have backed recommendations contained in Richard St John's compensation report.Australia's financial planning sector has ...

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Undiversified SMSFs face being sued

Beneficiaries can sue trustees for the difference in return when an SMSF is not properly diversified, a DBA Lawyers associate says.Self-managed ...

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Liquidity of SMSF property gets scant regard

SMSF trustees using gearing to purchase property are not thinking through the liquidity implications for the fund.Trustees looking to purchase ...

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Bissaker to leave CFS

Brian Bissaker will leave his post as Colonial First State chief executive after a company restructure.Colonial First State (CFS) has ...

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Govt releases compensation report

Richard St John has released his compensation report to the government, claiming a last resort compensation scheme at this point could be ...

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