Fiducian welcomes amendments related Small Investment Advice (21-Aug-2007)
Fiducian Portfolio Services Limited has welcomed two new modifications to the Corporations Act have been initiated and will change the way Advisers can do business. The first change is a welcome exclusion for providing a Statement of Advice (SOA) document for advice relating to smaller investments. The other welcome change allows strategic advice to be provided without the requirement to produce a SOA. These changes have come about due to the work of industry and government and have culminated in The Simpler Regulatory System Bill, which received Royal Assent on the 28th of June 2007.
Fiducian reports strong growth and increased dividend (26-Jul-2007)
Fiducian Portfolio Services Limited one of Australia’s non-aligned wealth management organisations, is pleased to report an unaudited consolidated profit after income tax of $5.306m for the 2007 financial year, up 47.6% on $3.593m in 2006.