Senator Jane Hume has announced an extension of legislation to establish a one-off amnesty for the historical underpayment of super guarantee. ...
Usage of locally-listed exchange traded funds in Australia remains low, accounting for only 2.5% of the $1.6 trillion in total assets under management. ...
Australia has been voted as one of the most investor-friendly countries for investment fees and expenses, according to Morningstar. ...
Political disruption in Hong Kong is causing individuals to consider relocating to Thailand as the government creates business-friendly initiatives. ...
Insurance firms should be prevented from pressuring people to buy products over the phone, according to the Financial Services Council. ...
The relentless asset gathering by active managers is ‘where the industry has gone wrong’, according to boutique manager Ophir’s chief executive George Chirakis....
Kapstream Capital has changed the benchmark of its $5.9bn Absolute Return Income Fund to more closely reflect the strategy of the fund and the manager. ...
AMP chief executive, Francesco de Ferrari, has been given an increase in his performance rights by over six million, according to an announcement on the ASX....
The Financial Services Council has thrown its support behind extending Unfair Contract Terms regime to life insurance....
‘Digital is critical’ for the next generation of financial advice, according to AMP chief executive for Australian wealth management Alex Wade. ...
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. ...
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...