The gap between the best and worst-performing managers narrowed in the last financial year with the median Australian equity manager outperforming the index. ...
Pengana Capital has appointed a second manager to its High Conviction Equities fund. ...
There is a “seismic shift” among industry super funds to focus on carbon reporting, according to Research Affiliates, as Australia wakes up to it lagging behind the rest ...
Setting a target retirement date is no longer the most effective way to plan for retirement savings, according to American Century, as more people take a ‘phased retireme...
As the Reserve Bank of Australia vows to hold off extending bond yields beyond 0.10% after April 2024, First Sentier believes an earlier move cannot be ruled out....
Current environmental, social and governance funds that only screen out negative industries and are heavy on technology have “hamstrung” advisers looking for sustainable ...
Pendal has seen record performance fees on its Australian funds, rising 29% to $16.4 million in the most recent quarter. ...
The COVID-19 vaccine roll-out may be slow in Australia but exposure to one of its creators has boosted the Platinum European fund after the company’s value doubled to US$...
Retirees need to consider their equity allocation differently to accumulation investors, according to Martin Currie, if they want to maintain a ‘sufficient income for lif...
Bell Asset Management is holding an underweight to Asia-Pacific as it is struggling to find smaller companies in the region that meet its environmental, social and govern...
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...