BetaShares appointes new COO and grows distribution team....

The FPA will drop its efforts to enshrine 'financial planner' under law claiming it would be automatically protected if recommendations from the PJC are adopted by the Fe...

IFM Investors has acquired a 24.99 per cent stake in a Mexican infrastructure group for US$600 million, and will invest in a Mexican toll road....

Investec Australia announced it has appointed Malcolm Ezzy as a managing director in its corporate advisory business....

Private clients of Melbourne-based boutique advisory firm, Giles Wade, will gain access to a wider range of offshore investment options through a partnership with Bonhote...

ASIC says bitcoins and other digital currencies are not financial products but that derivatives may evolve. ...

The raft of reviews and inquiries into the financial planning sector has created the optimal set of circumstances in which to lift professional and educational standards ...

Many advisers are struggling to find their place in the post-FOFA industry, leading to a surge in mergers and acquisitions (M&A) and early retirements. ...

Consumer group Choice has resumed its call for a ban on asset-based fees....

Australia’s ETF industry is set for another record-breaking year, with FUM expected to reach $21 billion by the end of 2015....

Principal Global Investors appoints Andrea Muller as executive director-head of international distribution, as Kirk West moves into a new role. ...

APRA says it has reduced the compliance burden of super funds under its watch by changing a definition and cutting back on heavily-criticised duplication in reporting req...

Better trading conditions and the lower Australian dollar have seen Macquarie upgrade its results forecast....

All forms of agribusiness managed investment schemes (MIS) should be shut down and all government support for the schemes removed to avoid further losses from the public ...

Newly appointed Federal Assistant Treasurer, Josh Frydenberg, has backed governance improvements for superannuation funds, including more independent directors....

The major industry funds groups want ASIC to receive better budgetary resourcing to regulate financial planners....

Platform providers are still bleeding hundreds of millions a year on regulatory compliance, at the cost of improved functionality, an Investment Trends report shows. ...

AFA Chief Commercial Officer Anne Fuchs will leave the association after six months in the role to take on a distribution role with Sunsuper....

The Capital Markets Cooperative Research Centre says ASIC chairman, Greg Medcraft, is off the mark when he pushes for a national exam in the absence of evidence it will a...

Business confidence dropped to its lowest level in December 2014 since August 2011, down 14.4 per cent from November to 105.3....