NEWS AND RESEARCH

15 October 2024 Comments
Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen…
Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program.
Over 300 finalists will compete for awards as ifa celebrates success at the ifa Excellence Awards, to be held on Thursday, 5 December.
With a quarter of AFSLs being held by single authorised representatives, is the rise of self-licensing and market fragmentation making it harder for…
Blackwattle Investment Partners has revealed it will be launching a mentorship program to empower experienced female professionals into the funds…
Pengana Capital Group has announced the launch of a diversified global private credit separately managed account fund, with initial platform access…
 

INVESTMENT INSIGHTS

FINANCIAL PLANNING

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

Over 300 finalists will compete for awards as ifa celebrates success at the ifa Excellence Awards, to be held on Thursday, 5 December....

With a quarter of AFSLs being held by single authorised representatives, is the rise of self-licensing and market fragmentation making it harder for ASIC to monitor the s...

Insignia Financial staff are to trial a four-day work week among multiple benefits agreed through a new enterprise agreement....

Financial advice software DASH Technology Group has received a further $10 million investment from Bailador Technology Investments to fund its acquisition of Integrated P...

PEOPLE & PRODUCTS

15 October 2024

Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff....

4 October 2024

The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renew...

18 September 2024

Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their ...

17 September 2024

Money Management’s sister brand Super Review is pleased to reveal that over 120 finalists will compete for trophies at this year’s awards....

12 September 2024

The principal partner of this year’s Women in Finance Summit has said organisations that practise inclusivity are more likely to build trust in the community....

FUNDS MANAGEMENT

Blackwattle Investment Partners has revealed it will be launching a mentorship program to empower experienced female professionals into the funds management industry....

Pengana Capital Group has announced the launch of a diversified global private credit separately managed account fund, with initial platform access on AMP’s North platfor...

Betashares has shared the top 10 ETFs which saw the largest inflows in September, with one asset class seeing triple the volume of inflows compared to the second-highest ...

The chief executive of Pacific Current Group has told its shareholders that the firm is “flush with cash” after numerous divestments and is planning an estimated $300 mil...

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

SUPERANNUATION

29 August 2024

While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties....

25 July 2024

As part of its executive leadership refresh, Insignia has appointed Dave Woodall as its chief executive for superannuation....

18 July 2024
4 Comments

Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance....

9 July 2024

Nominations and submissions have opened for this year’s Super Fund of the Year Awards for two individual categories....

3 July 2024
2 Comments

Australian Super, which has $315 billion in member assets and 3.3 million members, has shared its annual returns for the FY23-24....

LIFE/RISK

Policy and advocacy specialist Benjamin Marshan has left the Council of Australian Life Insurers after less than a year, having joined in March from the Financial Plannin...

The declining volume of risk advisers meant KPMG has found a rising lapse rate for insurance policies arranged by independent financial advisers, particularly in the TPD ...

The Life Insurance Code of Practice has transferred from the Financial Services Council to the Council of Australian Life Insurers....

The firm has announced it will no longer be writing new life insurance policies in the retail advised and corporate group insurance channels, citing a declining market an...

ASIC has issued its first interim stop order on two life insurance products from ClearView Life for DDO failures....

ACCOUNTING

28 August 2022

Australian Ethical has reported its net profit after tax (NPAT) fell 15% to $9.6 million for the year ended 30 June, while its underlying profit after tax (UPAT) declined...

25 August 2022

Insignia Financial has announced a 59% increase in its underlying net profit after tax (UNPAT) to $234.5 million in FY22....

3 February 2022

Having completed their educational qualifications, those advisers who remain in the industry are reporting being “run off their feet” with new clients....

29 September 2019

With October being Mental Health Month, it’s a good opportunity for people in the profession to look out for each other’s mental health....

28 May 2019

The Administrative Appeals Tribunal has rejected an application by a former tax agent to stay a Tax Practitioners Board decision to terminate his registration with the ma...

POLICY & REGULATION

The Governance Institute has said ASIC’s governance arrangements are no longer “fit for purpose” in a time when financial markets are quickly innovating and cyber crime b...

Compliance professionals working in financial services are facing burnout risk as higher workloads, coupled with the ever-changing regulation, place notable strain on sta...

Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation....

The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension....

Government has introduced a bill to Parliament to legislate the first stream of the QAR reforms....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

1 month 3 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month 3 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month 3 weeks ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

6 days 7 hours ago

The Reserve Bank of Australia has made its latest rate call, with only two more meetings left for 2024....

3 weeks ago

Financial advisory group AZ NGA has announced a strategic partnership with a $294 billion global investment manager to support its acquisition plans....

2 weeks 1 day ago