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06 August 2013 • By Reporter • 1 min read

IRESS acquires Avelo Financial Services

IRESS, the company behind the financial planning software XPLAN, has purchased UK-based technology provider Avelo Financial Services. The purchase ...

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New tax rules for MITs

Managed investment trusts (MITs) will be subject to new tax rules around the attribution of net income, with the government looking to reduce ...

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Best interest trumps product alignment: ASIC

Regulatory measures now in place are sufficient to handle any potential conflicts arising due to an alignment between financial advice and product, ...

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New rules to monitor dark pool transparency

Dark pools and high frequency trading will be subject to new market rules, as the government looks to improve transparency. The minister assisting ...

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Self-education cap deferment not the solution

The government’s one-year deferment of the $2,000 cap on self-education is simply “just a deferment of bad policy”, according to the Institute of ...

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WAM profit jumps on markets and merger

WAM Capital has announced an almost tenfold jump in profit following its merger with Premium Investors in December last year. In a statement on the ...

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ASFA outlines short rollover concerns

ASFA has raised concerns as to how practicable the three-day rollover requirement for MySuper is. In a submission posted last week, the Association ...

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Dexia acquisition deal falls through

A deal from a Hong Kong-based investment company to purchase the banking group that part owns Australian boutique fund manager Ausbil Dexia looks to ...

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Treasury Group to merge with Northern Lights

Multi-boutique fund manager Treasury Group has announced plans to merge with US-based Northern Lights Capital Group, forming a new business with $49

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TAL picks up discarded AAA client book

In the aftermath of the collapse of dealer group AAA Financial Intelligence, TAL Life purchased the client book of a related entity for an amount ...

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