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A former subsidiary of Commonwealth Bank has been penalised $1.7 million for failing to update defective disclosure statements, the first conviction of its kind....
ETF Securities has been acquired by Mirae Asset and Global X ETFs as a way for the firms to broaden their reach in Australia....
The Australian financial advice industry needs to demonstrate to overseas insurers that it has improved as firms are expressing concern about insuring advisers or large d...
The prudential regulator has confirmed it is expecting to see the rapid pace of consolidation among superannuation funds to continue for the next two years....
There is a keen need for more specialists in environmental, social and governance, according to a panel, if the industry is going to be able to work towards achieving net...
There are nine questions that fund managers need to ask themselves when launching a fund in order to prevent greenwashing, according to ASIC....
Justice Sarah Derrington, president of the Australian Law Reform Commission, has been recognised as a Member of the Order of Australia in this year’s Queen’s Birthday Hon...
2022 will be remembered as one of the “worst bond routs in history”, according to Zenith, but it is looking like the worst is over when it comes to performance....
Announcing its managed portfolios have surpassed the milestone of $5 billion in assets under management, North will be launching three new equity-based portfolios....
The financial advice profession has lost 89 advisers this week following three consecutive weeks of triple-digit falls to see 499 advisers leave in the last four weeks....
The cost of providing a Statement of Advice to superannuation fund members is thousands of dollars more than for a Record of Advice, according to ASFA, and consumers find...
With the advice profession in need of some positive news, Money Management is pleased to launch a series of articles which interview those advisers launching fresh practi...
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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...