Concerns about regulatory threats towards Alibaba has led Munro Partners to close the position in its global fund, having been its largest holding less than a year ago....
Super funds should look at allocate between 10% to 12% to private capital but high fees mean this is unlikely to come to pass, according to the Australian Investment Coun...
The Stockbrokers and Financial Advisers Association has criticised the latest regulatory levy, saying the sector only receives 0.6% of all complaints. ...
Queensland-based financial services firm Fentborough has seen its Australian financial services licence cancelled for failing to lodge documentation. ...
There is the possibility of the US 10-year bond yields hitting 1% within the next few weeks as the economy worries about the COVID-19 Delta variant spreading globally des...
There are quality assets for sale in the financial advice space, according to AZ Next Generation Advisory, and competition is set to increase until the educational standa...
Income investors can be reassured that dividends are returning, according to Redpoint, but banks won’t reach their pre-COVID levels until 2023 unless they spend to fight ...
With the share price of Pinnacle up more than 800% over the last five years, why are asset managers reluctant to invest in their competitors?...
Funds should be wary of holding high allocations to Chinese companies as Magellan implements risk controls after being “overconfident” and allowing its Alibaba allocation...
Microsoft is as close to a staple as you can find today and there are better opportunities than buying a bond, according to Munro Partners....
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
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...