News : Investments

Investments, Platforms

OpenInvest adds to board

Susan Allen is the latest appointment to OpenInvest’s board of directors.

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Investments, Property

DomaCom hits $50m in FUM

A 20 per cent increase in inflows has seen fractional property investment manager DomaCom surpass $50 million in funds under management.

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ETFs, Investments

ETF Securities enters Indian equity market

ETF Securities has launched an exchange-traded fund that will offer Australian investors access to global companies listed on the National Stock Exchange of India.

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Investments, Platforms

Clime makes first retail play via OpenInvest

Clime Investment Management will enter the retail market for the first time by offering four funds through the OpenInvest platform.

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ETFs, Investments

Vanguard goes to market with new ETF

A new active exchange-traded fund has been released to market offering investors access to a diversified portfolio of international equities.

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Investments, Tax

Franking credit inquiry opposes refund changes

Accountant; SMSF; defrauded

The final report from an inquiry into the removal of franking credits to some individuals has opposed the move, despite being split along party lines.

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Investments, Tax

Labor claims franking credit inquiry not valid

The Labor Party has accused the chair of the franking credit inquiry of breaching parliamentary standards and colluding to influence consumers.

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Investments, Tax

FSC supports franking credit report recommendation

The FSC has welcomed a recommendation from a parliamentary inquiry which has opposed the removal of franking credit refunds.

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Investments, Platforms

ASIC acts on AMPFP over managed account services

Shifts in the provision of managed accounts has resulted in additional licence conditions being imposed on AMP Financial Planning.

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Investments, Pensions, Tax

ALP franking credit policy doesn’t abandon self-funded retirees

The opposition’s treasury spokesman has described Labor’s plan to scrap franking credit refunds for certain individuals as closing a loophole instead of withdrawing support for self-funded retirees.

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