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Former van Eyk chief executive, Mark Peter Thomas, has been permanently banned by ASIC for performing any function involved in running or controlling a financial services...
Advice firms should be targeting as much as $700,000 per annum per adviser in ongoing advice fees as clients could be willing to pay higher advice fees than advisers are ...
ASIC has sued the trustee of Australia’s largest super fund, AustralianSuper, alleging failures to address multiple member accounts affecting 90,000 members over a decade...
George Maris, former head of equities, Americas, at Janus Henderson, has been named chief investment officer and global head of equities at Principal Asset Management. ...
ASIC has taken aim at distributors of over-the-counter derivatives after a review found improvements are needed in how they meet design and distribution obligations, havi...
Ausbil has appointed a head of global institutional distribution from Magellan, one of two distribution appointments....
A clause in the experience pathway legislation passed yesterday could improve the prescriptive rules imposed on new entrants and translate to more flexibility in the cour...
The chief executive of Australia's second-largest super fund, Australian Retirement Trust, is to depart next February. ...
In this week’s episode of Relative Return, host Phil Tarrant speaks to Shane Hurst, Managing Director and Senior Portfolio Manager at ClearBridge Investments, winner of t...
The experience pathway’s passage through Parliament has been welcomed by the industry as a way to prevent further adviser exodus....
Self-licensed advisers are most likely to have seen their profit margins increase over the past 12 months, according to research by Investment Trends, as fees increase fo...
In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August. ...
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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...