The first review of the Australian Financial Complaints Authority has made 13 recommendations for its improvements but acknowledged these may result in increased costs fo...
Alternative funds are increasingly seeking to raise assets from the retail and wealth management space as institutions are constrained on the volume they can allocate to ...
There are numerous problems involved in cryptocurrency which will make it difficult for firms to bring a regulated product to market, according to Aequitas Investment Par...
Pella Funds Management has made its second appointment of a former AMP employee with the hire of Debbie Alliston for its advisory board....
The compensation scheme of last resort should not be expanded to cover those making “speculative punts”, according to Senator Jane Hume, and would likely make funding mor...
Average deal size in the first quarter of FY22 has risen from $42 million a year ago to $150 million, according to HLB Mann Judd, with the largest deal belonging to a fin...
The signing of the memorandum of understanding will see the two firms launch wealth management and retirement income solutions for Australian retail investors....
Already making up a fraction of complaints, complaints about advisers have fallen 33% in the 2021/22 financial year so far, according to the Australian Financial Complain...
Consumers have indicated they are ‘more likely to save’ in the current market environment which poses an opportunity for advisers to ensure they are not letting clients’ ...
There is an ambivalence among investors to accept they are members of a failing investment scheme with the corporate regulator likening members of the Sterling Income Tru...
AMP has settled on two court proceedings: one class action which affected superannuation members and a second regarding insurer policies. ...
ASIC has released the results of the latest adviser exam, with August’s pass mark improving on the sitting from a year ago. ...
The inquiry into the collapse of Dixon Advisory and broader wealth management companies by the Senate economics references committee will not be re-adopted. ...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
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...