The Australian Securities and Investments Commission (ASIC) has warned managed discretionary account providers that time is nearly up on use of a key ‘no action’ letter....

AMP has today confirmed that its new chair, David Murray, and its acting chief executive, Mike Wilkins, will receive annual salaries of $850,000 and $1.46 million, respec...

Money Management has looked at the Australian equity funds outperforming the ASX 200 and maintaining a lower FE Risk Score. ...

The Federal Court has allowed ASIC’s application that Linchpin Capital and Endeavour Securities operated an unregistered managed investment scheme....

AMP’s 1H18 results have shown that its wealth protection operating earnings plummeted $50 million over the six months....

The $700 million AUSTRAC fine has acted as a genuine drag on the Commonwealth Bank’s profit, which was down four per cent to $9,375 million....

The Royal Commission has focused on the vertically-integrated structures with NAB/MLC and their impact on internal decision-making with respect to both advice and superan...

The Royal Commission has had it confirmed that the MLC Super trustee board backed retaining the grandfathering of adviser commission because it feared financial planners ...

Zurich has announced that Tim Bailey will lead its Australian life and investments business as chief executive once its acquisition of OnePath Life is completed, along wi...

The Royal Commission has been told that National Australia Bank came up with the concept of ‘fair exchange of value” in a bid to retain fees from superannuation clients w...

Peter Daly has resigned from his position as chairman of the AIOFP....

More than half of all Australian professionally managed assets are currently invested as responsible investments, according to the Responsible Investment Association Aust...

Emerging market debt is less volatile and an overall better investment than its equity counterpart, according to Investec Asset Management....

The Institute of Public Accountants says the Government’s proposal to change the annual audit requirement for SMSFs shows it neither understands nor respects the work car...

Randal Jenneke explains how the Australian equity team leverages the insights and knowledge of T. Rowe Price’s global research platform. ...

The Financial Services Union has called on the Royal Commission to look more closely at NAB’s remuneration structures, saying it should look more closely at the “heart of...

The Australian Securities and Investments Commission has noted the absence of a ‘best interests’ obligation on employers when selecting default superannuation and the lac...

The Australian Securities and Investments Commission has told the Productivity Commission that grandfathered commissions should be brought to an end as soon as possible....

Suncorp Limited has confirmed the signing of a non-binding Heads of Agreement to sell its life insurance business to TAL Dai-Ichi Life Australia....

The financial services group said it will sell its Australian life insurance arm to TAL Dai-ichi Life Australia for $725 million after announcing a 4.1 per cent dip in FY...