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Policy & Regulation

17 Jan

MySuper must be considered with FOFA: CSSA

There is too much crossover between MySuper legislation and Future of Financial Advice (FOFA) legislation for the two to be considered separately, according to the Corpor...

Financial planning

17 Jan

Year of fear for financial services job seekers

Year 2012 will see more heads roll in the retail sector of financial services, as large institutions continue to reduce headcount, according to predictions released by re...

Superannuation

17 Jan

MySuper inconsistent with lifecycle strategies

The Government's MySuper proposals contain a fundamental flaw which could create inequities for members using lifecycle investment strategies, according to major financia...

Funds management

17 Jan

Aussie ETF inflows top $500 million

While the general equity markets dropped significantly over the course of 2011, Australian exchange traded fund (ETF) net inflows have topped $500 million....

Financial planning

17 Jan

Value in microcaps: Contango

There is tremendous value to be had in the small and microcap section of the Australian Securities Exchange, according to microcaps specialists Contango MicroCap....

Financial planning

17 Jan

Australia cutting jobs while Asia-Pacific headcounts grow

Specialist financial services messaging provider SWIFT to grow Asia-Pacific headcount while Australian banks are likely to cut jobs....

Policy & Regulation

16 Jan

FOFA will 'decimate' industry, warns AFA

The Association of Financial Advisers has warned that consumers are the missing ingredient in FOFA legislation which risks decimating the financial planning industry....

Policy & Regulation

16 Jan

End FOFA carve-outs, say consumer groups

Consumer groups including Choice and the Australian Shareholders Association (ASA) have welcomed the Government's Future of Financial Advice (FOFA) bills but argue they n...

Financial planning

16 Jan

Policy tools still effective in downturn: HSBC

Unlike other developed economies, Australia still has a full suite of policy tools at its disposal as it attempts to deal with the current global downturn, according to H...

Financial planning

16 Jan

Firstfolio enters joint venture with Evergreen Finance

Publicly listed financial services company, Firstfolio, has entered into a joint venture with specialist financial products provider Evergreen Finance Company to develop ...