There is still a way to go for consumer spending with a ‘boom of historic proportions’ expected in the next few months, according to Yarra Capital Management....
The trend towards the ‘re-opening’ theme is coming to an end, according to Munro Partners, as its holdings which sat outside of the theme performed better than expected....
Performance fees at Magellan Financial Group have more than halved in the 2020/21 financial year after the firm experienced fund underperformance....
Three of Australia’s largest banks have fallen back in their female board representation with one dropping below the 30% target....
The asset manager said it was particularly focused on sustainability in emerging markets as it became the latest manager to sign up to the Net Zero Asset Managers Initiat...
Graeme Burke, co-founder of boutique investment manager Wavestone, has departed the firm after 15 years. ...
The first auditors in Australia to face criminal prosecution for failing to comply with auditing standards have pled guilty to the three charges against them....
Clients with sustainable goals are more than twice as likely as those without to switch provider if they feel their adviser is letting them down. ...
Investors should look to rotate out of financials and into resources as they are “perfectly positioned” for the current market environment, according to Research Affiliat...
Five leading asset management names have signed up to an initiative supporting the goal of net zero greenhouse gas emissions by 2050. ...
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...