Four directors of Endeavour Securities and Linchpin Capital Group have been penalised by the Federal Court for multiple failings on a registered managed investment scheme, with one individual rapped for his ‘lack of remorse or contrition’.
Following the government’s proposed changes to the financial adviser exam, SIAA has made additional recommendations for better outcomes, such as enabling entrants to sit the exam on request.
Money Management explores four key superannuation fund mergers expected to finalise this year, including two mergers with Australian Retirement Trust.
The asset manager has moved overweight duration for the first time in three years as it believes the rate hiking cycle has concluded, as well as moving overweight UK and European government bonds.
The private global asset manager has named a new head of intermediary distribution for the APAC and EMEA regions.
The economy is entering a new phase as markets call an end to monetary policy tightening campaigns. Inflation is well past its peak and is returning to the target range, albeit at a slower pace than originally anticipated.
But despite interest rates steadying and inflationary pressures easing, the outlook remains uncertain. Markets are bracing for a downturn, but analysts are split over the extent of weakness in the global economy for the year ahead. Adding to this uncertainty is continued geopolitical instability with the eruption of tensions in the Middle East dampening market confidence.
This environment calls for a careful, thorough assessment of investment opportunities, backed by the latest data and expert analysis from leading wealth professionals.
Money Management’s Portfolio Construction Guide 2024 aims to serve as a valuable resource for investors and financial advisers looking to built and preserve wealth in a rapidly evolving landscape. In partnership with some of Australia’s leading investment firms, the guide offers insight into the mechanics underpinning portfolio construction and unpacks the latest trends across three key asset classes.
Specifically, the guide explores:
On behalf of Money Management and our partners, we hope this guide empowers you and your team to make the right investment decisions for your clients.
With two active wars and a busy global electoral cycle looking to shape the global economy in the next 12 months, Lazard has warned of a “bumpy ride” ahead.
Industry commentators have shared their thoughts on when the RBA will hike interest rates next, and whether Australia will follow other countries and embark on monetary easing this year.
AFCA’s chief ombudsman David Locke has stated the magnitude of complaints received by the body is growing at an “unsustainable rate” and urged companies to improve their internal resolution processes.
The estimated sum for the initial Compensation Scheme of Last Resort levy has been calculated, with the regime expected to start receiving claims in April.
