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Only 2% of advisers and advice firms can label themselves as “independent’, meaning most will be subject to the new Financial Services Guides disclosure obligations....

Company director Shlomo Yoshai has also been fined $400,000 and is disqualified from managing companies for eight years, after creating a trading floor culture compared t...

With its acquisition of MLC Wealth, IOOF now has around 1,500 authorised representatives surpassing AMP’s 1,443. ...

The indiscriminate sell-off in technology names is presenting buying opportunities for Forager with 10 firms on its watchlist. ...

Differing from other funds from the group, the retirement income-focused fund will offer a fixed monthly distribution....

The proposed stapling of superannuation funds may leave some members ineligible to claim against their own policy after paying premiums if they are injured or ill while w...

Long-awaited reforms to stop abusive partners hiding super assets in family law cases has been welcomed by the Australian Institute of Superannuation Trustees, Women’s Le...

The ‘inflation genie’ is unlikely to escape as subdued inflation and wage pressure mean rates could be held at 0.1% until late 2023 according to the Reserve Bank of Austr...

Stephen Poole, former general manager of NAB’s Meritum Financial Group, has joined Gold Coast boutique fund manager Swell as head of distribution. ...

CFA Institute has announced its exposure draft on global environmental, social and governance disclosure standards for investment products, aimed at promoting transparenc...

Union Standard director and former responsible manager, John Carlton Martin, has been banned from providing financial services for 10 years from providing financial servi...

Licensees should not be responsible for individual financial adviser registrations to the corporate regulator as it makes clear these are a statutory obligation and not a...

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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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So we are now underwriting criminal scams?...

6 months 2 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

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WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

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