Only 14% of ‘top-quartile’ Australian active funds have managed to retain this rating over three years, according to S&P Dow Jones. ...
Treasurer, Josh Frydenberg, has described 2020 as a ‘year to forget’ for Australia as the unemployment rate reaches a 19-year high....
The median ‘operating expense’ for a self-managed super fund is $3,923, according to the Australian Taxation Office, far lower than the $13,900 quoted in a recent SMSF fa...
National Australia Bank group chief executive Ross McEwan has confirmed the banking sector will be a less attractive sector for dividends in the aftermath of the COVID-19...
Nearly 80% of current and prospective retirees failed to get any financial advice during the recent market crash, and one-in-five believe advice is only “for the rich” ac...
One listed financial stock has demonstrated a spectacular turnaround to report 230% returns after seeing losses of 69% earlier this year. ...
The COVID-19 pandemic has meant the US/China trade war has dropped off the news agenda. But how does the recent performance of US and China funds compare?...
A decision to significantly increase the healthcare weighting in expectation of COVID-19 treatments has paid off for the Pengana High Conviction Equities fund....
Australian financial professionals expect indices to fall over 12% and most say their biggest challenge is keeping up with changing regulation, according to Natixis IM. ...
Westpac is to divest its final 9.5% stake in Pendal as the company looks to “simplify operations”. ...
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...