Nikko launches new global equities fund, K2 offers listed version of its global equities strategy and Prime Value offers cash fund to self directed investors....
Centrepoint Alliance is trialling an entry level robo-advice offering among one of its planning groups claiming it will reduce administration burdens for planners....
Having a foot in the local market and offshore has allowed Legg Mason to leverage off a long track record and reposition itself for the current and next wave of investors...
The AIOFP has called for a shorter claw back period, 70 per cent upfront commissions with partial retention upon early termination and restrictions on advisers who churn....
Research has found advisers will attempt to offset changes stemming from the new life insurance commission regime with improvements to business efficiency or expanding th...
The ETF sector has continued to grow at pace with more new products launched in the past six months than in the previous two years....
The AIOFP has labelled the tri-party life/risk commission regime changes as a sell out of advisers and will submit its own amended regime model this week....
Macquarie Wrap is the fourth platform to add a fledgling fund from AllianceBernstein to its platform line-up. ...
The falling equities market in China is a the result of local conditions and not a long-term or widespread structural failure according to a global funds management group...
HUB24 has doubled its FUA and posted record quarterly net inflows for the past quarter driven by new advisers joining the platform....
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...