Almost 20 students have filed a class action against James Cook University after discovering their financial planning degrees had not received accreditation, leaving them unable to secure jobs.
Morningstar research has seen inflows to sustainable funds fall by 91 per cent in the past quarter, with passive giant Vanguard reporting rare net outflows after the firm received infringement notices for alleged greenwashing.
The central bank’s monetary policy board has announced its cash rate decision amid mixed signals from the domestic and global economy.
Future Super has received an infringement notice from ASIC over alleged greenwashing, this time related to a social media post by the fund, following earlier action against Mercer Super.
An Australian asset manager has launched a global credit fund after acquiring a New York-based investment management group.
With growing expectations that the Reserve Bank of Australia will extend its interest rates pause, some believe further hikes aren’t completely ruled out.
The overall number of licensees has fallen by 15 per cent since January 2021, according to Wealth Data, but those focused solely on holistic advice have seen positive growth.
Research house SQM Research has launched Shares Professional to help advisers rank ASX 200 companies.
The wealth platform has announced it is partnering with Citi Securities Services for custody and funds administration services as it looks to expand its offerings.
Perpetual small-cap manager, Jack Collopy, is to depart the asset manager after more than 20 years and the firm has appointed two co-portfolio managers to take over.
