Latest News



The government has released a discussion paper about the regulation of retirement income streams that provides a basis for the removal of tax barriers to deferred lifetime annuities (DLAs).

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CBA will take on the cost of improving the educational standards of its salaried financial planners, says the bank’s executive general manager for advice, Marianne Perkovic.

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SMSF firms have evolved to such an extent that they no longer resemble traditional accounting or financial planning practices, a new report has found.

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The corporate regulator has suspended a Queensland-based financial advice firm after it entered into receivership last month, with a new licensee taking the lion’s share of former representatives.

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The Australian Foundation Investment Company (AFIC) has generated $254.3 million in net profit for the financial year ending 30 June 2014, with buoyant markets driving the returns of its portfolio.

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The global economic outlook is mostly supportive of listed property performance, with turnover, production and employment increasing and financing costs unusually low, according to Morningstar.

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Australian super funds have generated strong returns for the 2013/2014 financial year, with the median balanced option sitting at 12.7 per cent over the 12 months, according to SuperRatings.

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The Royal Bank of Scotland (RBS) has entered into an enforceable undertaking (EU) with ASIC following an investigation by the corporate regulator.

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TOP YIELDING SUBURBS

Units
KUNDA PARK, QLD – 20%
DOLPHIN HEADS, QLD – 19%
IRYMPLE , VIC – 18%

Houses
BELLAMACK, NT – 17%
MILES, QLD – 13%
ROSEBERY, TAS – 11%

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Hooked on Property

Find out how to best capitalise on your client's desire to invest in property

 

 

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