AMP has stated that chief executive, Francesco De Ferrari, has not resigned from the firm but was in discussions with the board. ...
Advisers have said they would be unlikely to impose blanket bans on complex products but that making large allocations could affect their professional indemnity insurance...
The abrupt departure of Pengana fund managers Steven Glass and Jordan Cvetanovski was the result of the pair having “different ideas” about the future direction of the bu...
As Pengana sees the departure of two key managers, Steven Glass and Jordan Cventanovksi, how have their global funds performed over their tenure?...
South East Asian countries that rely on tourism and are experiencing delays in receiving and distributing the COVID-19 vaccine will see a prolonged dip in their markets...
Firms believe US President Biden would be more likely to strike a balance between economic and security interests compared to his predecessor....
Around 57% of Australian investors expect their investment returns to outperform the benchmark index in the next 12 months, according to PIMCO. ...
Francesco De Ferrari, chief executive of AMP Limited, is to resign today following discussions with the board....
Chi-X Asia Pacific, which operates the second-largest exchange in Australia, has been sold to Cboe Global Markets as Cboe looks to build one of the world’s largest global...
Hyperion Asset Management has listed its first managed fund on the Australian Securities Exchange, the Hyperion Global Growth Companies fund....
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 confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....
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...