Eight major Australian super funds have managed to rack up 100 per cent returns since the Global Financial Crisis, according to SuperRatings....

ASIC commences proceedings against Macquarie Investment Management in relation to its role as the responsible entity of one of the van Eyk funds....

Customers were most satisfied with the Commonwealth Bank, giving it the top spot among the big four banks despite recent negative publicity surrounding the bank. ...

A group of risk advisers have labelled FSC’s positioning on LIF as cartel behaviour, and said the industry should have gone to the ACCC with its life insurance propositio...

CBA has re-signed Morningstar as its primary investment research provider for its wealth management business. ...

Melbourne-based VicSuper chief investment officer, Oscar Fabian, is retiring from his post of six years....

Advisers need to hold their clients to account with their personal ad-hoc record keeping, so they don’t exceed the contribution caps. ...

The ASX’s proposed IPO rules will mean nearly all retail investors and SMSFs will not have the opportunity to invest in most IPOs, according to a capital raising platform...

Property investors are increasing purchasing established properties with two or more bedrooms, according to Mortgage Choice. ...

Industry super fund, Cbus, has launched an in-house financial advice service model and will expand its over-the-phone advice offering later this year....

Tax efficiency drives less than a quarter of high net worth offshore investments, according to Verdict Financial....

ASIC rules that rating financial products constitutes providing financial product advice....

There was nothing to be gained for the Government by mandating the LIF, and the FSC must have initiated the changes to the framework, a financial planner said. ...

Contango Asset Management has been the subject of a management buy-out ahead of a planned IPO....

StatePlus managing director, Michael Monaghan, has confirmed his exit from StatePlus following the First State Super transaction....

Terra Capital’s returns have jumped over 50 per cent for the third time in six years on the back of resources....

HFA Holdings’ newly appointed CFO and company secretary has resigned due to personal circumstances. ...

Investec has bought $23 million of Sydney commercial property in Macquarie Park that’s tipped to rise in value, and is 100 per cent tenanted. ...

AMP Capital snaps up $250 million of Sydney’s industrial assets, citing that the industrial property market will continue to grow. ...

Stockspot says financial advisers should be doing their homework at the end of the financial year, as over 70 per cent of active funds are under performing. ...