The global chief executive of index manager Vanguard has admonished Australian fund managers for a culture of high fees and a lack of transparency in the reporting of per...
Industry Fund Services has said it will refer to ASIC an analysis by Chant West Financial Services questioning the validity of claims made by industry funds in an adverti...
The financial services industry has an important role to play in strengthening Australia’s national security, according to Federal Police Commissioner Mick Keelty....
A little known financial services group has started a petition calling for fund managers to be hit with cash penalties for failing to release clients’ superannuation with...
Fewer people are willing to change superannuation funds now than before the introduction of choice, but almost one in four of those who do switch appear headed for an ind...
In what represents the first fall-out resulting from a recent senior departure from Portfolio Partners, Asset Super has decided to move its $28.2 million Australian equit...
The Australian funds management industry is continuing to experience good growth, but fund managers are going to have to do more to win the trust of investors, according ...
The Federal Government has sought to assure fund managers that it will play a largely hands-off role in the investment decisions of its $16 billion Future Fund, but has a...
Consumers would receive a rebate to help pay for financial advice on superannuation under a proposal that has been put to the Federal Government by a key banking lobby gr...
An industry fund which claimed its members would be more than $200,000 better off than those in retail super funds has agreed to an enforceable undertaking after concerns...
After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....
Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....
A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...