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....
Australian advisers are experiencing fewer difficulties when it comes to acquiring new assets or new clients, compared to global peers, with firms expecting to take on ei...
AMP has appointed Lisa Sorgini as general manager for wealth distribution, working on strengthening the firm’s relationship with financial advisers....
Minister for financial services, Stephen Jones, has announced Your Future, Your Super performance tests will not be extended beyond MySuper products this year as well as ...
ASIC has commenced civil penalty proceedings in the Federal Court against ‘licensee for hire’ company Lanterne Fund Services, as its systems and processes were “wholly de...
Fintech providers have responded to advisers’ comments about their viability as a means to lower the cost of advice, highlighting it can bring down costs without reducing...
The Quality of Advice Review should distinguish between certified money coaches and those individuals who describe themselves as ‘wealth coaches’ as the roles are misunde...
Despite the financial adviser exam being rooted in ethics, two professional year advisers believe the lack of support and transparency from the regulator around the exam ...
Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...
After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....
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?...