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26 February 2014 • By • 1 min read

ASX consults on T+2 settlement cycle

The ASX has released a consultation paper on its proposed T+2 settlement cycle for cash market trades in Australia, which will shorten the current T+3 ...

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MDAs the ‘future of financial planning’

Non-institutional financial planning group GPS Wealth has announced the implementation of a managed discretionary account solution has “slashed ...

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Look to Chinese bonds: AllianceBernstein

The internationalisation of the renminbi will mean investors should make higher allocations to Chinese government bonds, according to ...

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Treasury Group posts $6.8m half-year profit

Treasury Group has reported a half-yearly net profit of $6.76 million following improved market conditions and strong performance from a number of its ...

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Forex broker enters EU with ASIC

The corporate regulator has accepted an enforceable undertaking (EU) from an AFSL holder and foreign exchange trader for irregularities involving ...

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IOOF net profit up 45 per cent

IOOF has posted a $48.2 million statutory net profit after tax for the first half, up 45 per cent on the previous corresponding period. The ...

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Morningstar Australasia appoints joint CEOs

Heather Brilliant and Mark Roomans have been appointed as co-chief executives of Morningstar Australasia, replacing the current chief executive ...

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Amendments won’t ‘dilute’ FOFA: lawyer

The obligation for financial advisers to act in the best interests of their clients will not be ‘diluted’ by the government’s amendments to FOFA, ...

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‘Tough decisions’ required on group life: Tria

Due to the “explosion of claims” in the group life space, superannuation funds have some “tough decisions” to make when it comes to reducing costs, ...

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Keep commissions out of advice: FPA

The Financial Planning Association has argued against the government's proposal to remove the ban on conflicted remuneration within general advice, ...

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