ASIC has suspended the AFS licence of a managed investment schemes and general advice provider after it failed to lodge financial statements and audit reports for the fin...
Fund managers IFM Investors and ISPT have confirmed they are exploring the merits of a potential merger at the request of significant shareholders....
The asset manager has announced a currency-hedged option in a move towards reducing the potential impact of movements in the Australian dollar on investors’ returns....
Innovation might be an opportunity cost borne by Australia’s regulatory environment, however some consumers may place more value in the human element of advice, according...
A trial investigating alleged misconduct by the wealth management company is slated to begin on Monday (5 June) and expected to run for up to five weeks. ...
Reflecting on the seemingly slow pace of innovation in Australia’s financial services sector, panellists at the SIAA conference have warned foreign entrants could bring a...
The Pro Bono Financial Advice Network has welcomed three firms to its adviser network in another step towards improving the financial wellbeing of those in need....
With ASIC playing a role in interpreting the law through materials like regulatory guides and in part enforcing the law through stop orders, a panel has questioned if the...
Minister for Financial Services, Stephen Jones, has offered an update on the Quality of Advice Review, which he said had been previously delayed due to the federal budget...
Peter Orszag, chief executive of financial advisory since 2019, has been named CEO of Lazard, effective 1 October 2023. ...
A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....
A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...
Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...
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...