A financial adviser jailed for importing and smuggling cocaine has had the Australian financial services licence of his Alice Springs-based firm suspended....
There has been a “flight to vanilla” when it comes to uptake of exchange traded funds in the past six months at the expense of thematic ones, according to ETF Securities....
The Australian Securities and Investments Commission has released its half-yearly data on financial advice misconduct cases and enforcement outcomes....
Firms are “going to great lengths” to retain financial advisers, offering them pay rises as high as $50,000 or extra responsibilities to prevent their departure....
The Australian Financial Complaints Authority is working on a ‘transformation project’ to offer guidance for firms on its approach and nature of systemic issues, an issue...
A recession in the US is likely next year, according to JPMAM’s Kerry Craig, but could work positively, akin to a forest fire, by clearing out excess in markets....
Diverger has seen net revenue for its full advisers rise by 29% to $8.2 million in the past year thanks to improved fee models and organic fee growth within adviser pract...
There were 1,600 advisers in the Insignia network as of 30 June, 2022, a reduction of 82, due to integration of MLC Advice and Bridges....
The Australian Financial Complaints Authority has appointed Delia Rickard to the board for a three-year term....
Challenger has appointed Victor Rodriguez as chief executive for funds management, encompassing Fidante and Challenger Investment Management....
The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....
The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...
ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....
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...