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Magellan Financial Group has lost $6.4 billion in less than two weeks as chair and chief investment officer Hamish Douglass takes ‘leave of absence’....
After many weeks with heavy losses in adviser numbers, there is finally some encouragement for 2022 and a surge in provisional advisers....
Organisations from multiple parts of the financial services industry have universally welcomed the passing of the Retirement Income Covenant, but say helping consumers wi...
The Association of Financial Advisers has said that although the Quality of Advice Review was well drafted, there is still a need to make a number of recommendations, inc...
Some 98.7% of funds in the Australian equity sector lost money during January, according to data from FE fundinfo, with the most losses sustained in the Australia Equity ...
ACSI is pleased to see the Senate block reforms to proxy advice saying the system had already been working well to deliver quality advice that supports investors and mill...
The Federal Court has ordered managed investment scheme operator, PE Capital Funds Management, into liquidation due to operating schemes without a licence....
AMP Capital has announced it will rebrand as Collimate Capital to reflect the new direction following its demerger....
National Australia Bank (NAB) has reported their December quarter earnings, posting a 12% increase in cash earnings compared with the quarterly average of the second half...
AMP has outlined a statutory net loss of $252 million for 2021 in its full-year results today, compared to a profit of $177 million a year ago. ...
Bringing in younger advisers while providing support for the licensees with the Professional Year requirements should be industry priorities or it could cease to exist in...
Financial literacy should be included in the national curriculum for high school-aged students and financial advisers could have a “front and centre” role to play in its ...
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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...