Magellan has terminated its retirement income-focused FuturePay strategy, effective from 20 July, just over a year after launching it....
Twitter’s actions in holding Elon Musk to account “cannot be faulted”, according to Forager, which holds exposure to the stock in its International Shares fund....
The level of value consumers place on different areas of advice has been laid out in a university study, indicating a disconnect between advisers’ and consumers’ percepti...
The Financial Services Council has developed a ‘proposed personal advice framework’ where all advice is termed ‘personal advice’, Letters of Advice are introduced and the...
A Victorian authorised representative has been charged with engaging in dishonest conduct in the course of carrying on a financial services business and providing unlicen...
Today is the final day for candidates who need to pass by 1 October to register for the last sittings of the financial adviser exam....
There are “alarming” signs that retail investors are dismissing market movements in the hope of chasing short-term returns, according to Wealth Within....
The Federal Court has found Select AFSL, the subject of a Royal Commission case study, engaged in unconscionable conduct when selling insurance products and provided conf...
Magellan has seen quarterly net outflows of $5.2 billion in the three months to 30 June, causing total funds under management to fall to $61.3 billion. ...
Elston Asset Management has hired Peter Vlachos to join the firm’s business development team....
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...