JAWG pushes Jones for faster QAR implementation

quality-of-advice-review/jawg/Stephen-Jones/

The Joint Associations Working Group (JAWG) has urged the Government to act quickly on measures in the Q

AUTHOR

Global X expands portfolio management team

BetaShares/global-x/ETFs/hires/

Global X ETFs has appointed Jessica Leung from BetaShares as its newest portfolio manager.

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Financial planner jailed for nine years for $3.3m fraud

ASIC/jail/

A Sydney financial planner has been sentenced to a maximum jail term of nine years after pleading guilty to 12 counts of dishonestly obtaining financial advantage by deception.

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Equities to come out of earnings ‘valley’: Munro Partners

munro/equities/

Investor appetite for equities is set to recover as markets “look through the valley” to the other side of the bear market, according to the fund manager.

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Can Australia restock its supply of financial advisers?

BT/striver/RDR/

Dwindling numbers of Australian advisers is a major concern, but BT Financial chief executive Matt Rady says the thriving UK market gives him hope that Australia can attract new blood to the profession — provided we go about it the right way.

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It's time for ESG funds to dump toxic tech exposures

Alphinity-Investment-Management/ESG/Elon-Musk/tesla/artificial-intelligence/chatgpt/

A conversation between Elon Musk and Google co-founder Larry Page reveals the sociopathic nature of the Big Tech companies that dominate ESG funds.

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Magellan shuns banks amid recession doubts

Magellan/recession/banks/financials/The-Magellan-Global-fund/

Magellan has begun positioning its $7.3 billion Global portfolio for a recession, which it believes is a likely scenario this year.

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Investment exec departs Morgan Stanley Private Wealth

Morgan-Stanley/exit/

Nathan Lim had been with the firm for seven years and was responsible for forming its asset allocation and portfolio management capability for Australia and Asia.

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Elston appoints investment specialist from Morningstar

elston-asset-management/Elston/hires/morningstar/

Elston Asset Management has announced the appointment of Clint Abraham as its new investment specialist.

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Super funds investing at least $25bn in fossil fuel expansion

climate-change/super-funds/fossil-fuels/Superannuation/

New analysis has found the 15 largest funds are collectively investing at least $25 billion into opening new coal, oil, and gas projects despite commitments to tackling climate change.

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

3 weeks 2 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

4 weeks ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

3 weeks ago