John Nicoll, national head of sales at Zenith, has taken up a new role at portfolio construction and consulting company InvestSense. ...
Super funds are demonstrating gaps in their member data, according to a joint APRA/ASIC review, as they are concerned collecting too much information could put them at ri...
A joint ASIC/APRA thematic review has found trustees need to make more progress on enhancing retirement outcomes for members under the Retirement Income Covenant. ...
Inflows to Praemium have decreased from almost $3 billion to $1.3 billion in the FY22–23 although positive market movements still helped the firm see a rise in funds unde...
Magellan is betting on generative artificial intelligence in its flagship $7 billion Magellan Global Fund as it believes “major progressive evolutions” and heightened inn...
Avoiding ‘banana skins’ has helped the $1.4 billion Munro Global Growth Fund post positive performance in the three months to 30 June....
ASIC has issued its first interim stop order on two life insurance products from ClearView Life for DDO failures....
Minister for Financial Services, Stephen Jones, believes the industry can return to 30,000 advisers but new pathways are needed as it is unrealistic to expect people to w...
Asendium has partnered with LML Insurance to offer reduced professional indemnity insurance for Asendium users, as much as 20 per cent in some cases. ...
A fixed income manager has welcomed the launch of Australia’s green bond program but warns it will need to meet high standards given its lateness to join the race. ...
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?...