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....
Wayne Byres, chair of the Australian Prudential Regulation Authority, has announced he will step down, two years prior to the end of his five-year term....
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?...