TPB signals embrace of FASEA CPD cross-over The Tax Practitioners Board appears to have cut tax (financial) advisers a break by signalling that compliance with the FASEA CPD requirements will satisfy those of the TPB. For more.

Most give FASEA exam thumbs-down Money Management readers have expressed their dissatisfaction with the FASEA exam, saying the questions are ambiguous and the exam conditions unfair. For more.

Is Frydenberg being equivocal on 12% SG? The Federal Treasurer, Josh Frydenberg has stopped short of restating the Government’s promise to increase the superannuation guarantee, preferring to say that it has no plans for change. For more.

Which Australian firm was a world-leading dividend payer? Commonwealth Bank of Australia has retained its spot as one of the world’s biggest dividend payers, although it has fallen from 15th place in 2018 to 20th last year. For more.

How Count Financial swelled the CountPlus bottom line Count Financial may have fewer advisers and fewer planning firms than in its halcyon days, but it has swelled the bottom line of CountPlus. For more.

BofAML: Cash levels reach six-year low Fund managers’ cash balances are at their lowest levels since March, 2013 at just 4% of assets. For more.

Current advice process not an incentive Financial advice can start with one piece and that can build to full advice later as the advice framework fails to lure Australians into receiving full advice, according to Investment Trends. For more.

Franklin Templeton acquires Legg Mason for US $4.5bn Franklin Templeton is to acquire Legg Mason in an all-cash deal for US$4.5 billion ($6.7 billion) to create a combined US $1.5 trillion asset manager. For more.

Will you still need me, will you still love me, when I’m sixty-four (or five) Advisers need to ensure contribution strategies for this financial year are carefully planned as there is no indexation of the $1.6 million super caps from July, Bryan Ashenden writes. For more.