ASIC asks mortgage brokers: Is your panel good enough?

Mortgage brokers will be required to satisfy themselves that recommending from within their lender panel is in the consumer’s best interests. And they should be able to make a “holistic” assessment of…

Equity gearing making a comeback

After a decade of decline, prospects for margin lending and other equity investment gearing products may be looking up. The latest data shows a pickup in lending and a well-known stockbroking firm…

Old is new again at the SMSF Association

The SMSF Association has appointed Andrew Hamilton as chair. He has been a member of the board for over nine years and was previously chair from 2012 to 2014. He takes over…

Restore tax in the super pension phase

The government’s retirement income review is being told our current tax and benefit treatment of retirement incomes is a mess. Much of financial planning industry is devoted to structuring affairs to maximise…

Better advice model needed

Australians don’t like the way financial advice is being currently offered to them and would prefer piece by piece advice when they need it. Michael Blomfield, chief executive of Investment Trends revealed…

TPB’s CPE plan questioned

The Tax Practitioners Board is considering an increase in the minimum number of continuing professional education (CPE) hours required for all tax practitioners to 40 hours a year. The TPB hopes to…

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Placer Property not standing still …searches for assets

The specialist property fund manager Placer Property is not standing still. In the final stages of bedding down the Canberra-based NewActon East Property Fund and in the process of selling The Stables Shopping Centre in the Adelaide suburb of Golden Grove, the Melbourne-based fund manager is now casting its eye around for fresh investment opportunities.

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