IFSA welcomes FTA with Chile
Richard Gilbert
The Investment and Financial Services Association has welcomed the Government’s Free Trade Agreement with Chile for its financial services export opportunities.
Chief executive Richard Gilbert said the new agreement provides market access to Chile’s financial services sector on a level (previously) only enjoyed by the US.
“Specifically, Australian financial services providers will now have access to Chile’s growing voluntary and mandatory pension fund system.”
“In addition, at a structural level the agreement locks in the capacity to capture future liberalisation at a services and investment level,” he said.
Recommended for you
Licensee Centrepoint Alliance has completed the acquisition of Brighter Super’s annual review service advice book, via Financial Advice Matters.
ASIC has launched court proceedings against the responsible entity of three managed investment schemes with around 600 retail investors.
There is a gap in the market for Australian advisers to help individuals with succession planning as the country has been noted by Capital Group for being overly “hands off” around inheritances.
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager.
