The Australian Securities and Investments Commission has increased investigations into wealth management by 216 per cent in the last six months....
A sharp slowdown in the Chinese economy caused by the US/China trade war would be detrimental for the Australian housing market, according to a report by Fitch. ...
IOOF believes it has successfully completed all items required of it by the Australian Prudential Regulatory Authority following the Royal Commission....
The troubled US Masters Residential Property Fund could be restructured by US distressed debt company Oaktree Capital alongside Australian property investor 360 Capital a...
The unwinding of quantitative easing is likely to have unknown consequences, according to Nikko AM. ...
Australians spend $19.8 billion each year buying presents for friends, family and even their pets according to research for this week’s Financial Planning Week. ...
Assets on the K2 Australian Absolute Return fund have continued to decline as it reports continued underperformance. ...
Investors are being encouraged to increase their defensive assets as protection against the US/China trade war and Chinese debt issues....
Fund managers’ expectations of a recession have reached the highest level since 2011, according to a survey by Bank of America Merrill Lynch....
MLC Wealth has confirmed changes to its advice business as part of the firm’s separation from NAB Group. ...
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...