The FOS has used a report from the Financial Counselling Australia to argue that its processes should be the benchmark in any mergers of EDR schemes....

The major life insurers have been told to do more and spend more on addressing legacy product issues rather than waiting on Government legislation....

Vanguard and the ACFS have launched an Australian equities database to help educate investors and financial services professionals about how to conceptualise market force...

A shift in the market has seen investment trends loop back toward value-based investing, rather than expensive alternatives....

The Credit and Investments Ombudsman has rebuffed a report's findings favouring a merger between EDR schemes, arguing the two-scheme arrangement enabled comparisons and r...

Suncorp has announced that Mark Vilo and Steven Degetto would step into each other’s role from 2017....

The Government has introduced legislation which will restrict the use of client monies by licensees....

Challenger Limited has announced key management changes impacting Challenger Life....

New academic research has confirmed clients value their planners and the advice they provide but that cost remains a barrier. ...

Mercer has emerged as the buyer of the NSW Government-owned Pillar Administration. ...

Jamieson Coote Bonds’ active Australian bond strategy has been added to Macquarie Wrap, following a ‘recommended’ rating of its wholesale fund. ...

Value stocks will be favoured, following the underperformance of ‘expensive defensives’, according to Perennial Value. ...

ETMFs were growing 350 per cent faster than mFunds and the industry would double over the next 18 months but active managers should develop more ETMFs....

Low cost passive FUM has grown by 271 per cent, but IOOF has warned advisers to look beyond costs to achieve clients’ objectives. ...

Pengana has grown its FUM to $2 billion in three years, on the back of strong demand for active benchmark-unaware strategies....

The Commonwealth Bank has lifted interest rates for homebuyers looking to fix their home loan in what RateCity has called a sign of what will come for rate variability....

The founder and managing director of Omega Global Investors and former Vanguard executive, George Vassos, has died....

Pensioners considering selling the family home in light of the changes to the Age Pension assets test should take into account emotional and practical consequences before...

Retirees around 65 needed to spend 0.8 per cent more in the September quarter despite low annual growth in CPI, according to ASFA....

Australian workers eligible for super are missing out on their entitlements, according to the Industry Super Australia (ISA) and Cbus....