Westpac-subsidiary BT Funds Management has been fined $20 million for incorrectly charging commission payments to certain superannuation fund members....
Vanguard has made several leadership changes to its distribution team including a head of financial adviser services....
Investor sentiment of China is at absolute low, according to Platinum, leaving opportunities to pick up cheap stocks....
Total outflows from Magellan since the start of the year have passed $18 billion as its latest figures confirm it saw $1.1 billion in net outflows during March....
Temporary measures allowing financial advisers to provide a Record of Advice rather than a Statement of Advice will cease from 15 April after two years, the regulator has...
There is a “very long list” of issues around the Choice heatmaps with Treasury acknowledging they have been significantly more complex for the prudential regulator to com...
Australian investors looking to diversify away from Russia have opportunities in Australian commodity stocks with two returning more than 50% since the start of the year....
The ASX 200 has continued its rising streak, being the only major market to report positive gains during the third quarter of 2021/22, according to Money Management resea...
The current state of rising inflation is a pivotal point for markets used to an environment of ‘lower for longer’ and the industry needs to be prepared, according to Schr...
The decision by the Reserve Bank of Australia to hold rates at 0.1% is indicative of a more hawkish view with rates likely to raise sooner than later, according to commen...
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 cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
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...