The Australian Securities and Investments Commission has made clear it is holding licensees to account for their actions of their planners while cancelling the license of...

The new Australian Financial Complaints Authority has called for a last resort compensation scheme while citing $16 million in unpaid determinations, 52 per cent of which...

The industry funds dominated Australian Council of Superannuation Investors has helped deliver ‘first strikes’ against the remuneration reports of National Australia Bank...

HSBC Australia has appointed Jessica Power as its new head of retail banking and wealth management, effective December, 2018....

Super funds might see their returns hitting negative for the first time since 2011, according to financial advisory firm Dixon Advisory....

The proportion of high net-worth individuals is on the rise, and wealth managers must provide sound advice to capitalise on the rise of offshore wealth, according to Glob...

The responsible landscape is rapidly evolving and incorporating ESG factors into funds’ investment philosophies seems to be more relevant than ever, Legg Mason said....

Publicly-listed Managed Account Holdings has made a strategy acquisition aimed at taking it further into the superannuation administration space....

Managed accounts are driving better client engagement and improving the delivering of financial advice, according to a new whitepaper by Colonial First State....

The Financial Adviser Standards and Ethics Authority’s new Code of Ethics has the industry surprised with the duplication of legal obligations....

The Financial Adviser Standards and Ethics Authority has decided that aspiring planners completing their professional year will be designed “Provisional Financial Planner...

ANZ chief executive, Shayne Elliott has told shareholders the sale of the banks aligned dealer groups is a done deal....

New data has revealed just how significantly the cessation of direct life/risk sales has hit life insurers’ bottom lines and how much more reliant they have become on adv...

The Financial Adviser Standards and Ethics Authority has confirmed the professional year will entail 1600 hours, 100 hours of which will be structured training....

Christmas greetings from the entire team at Money Management...

The board of Watermark Market Neutral Fund has decided to restructure the fund into an unlisted trust....

Magellan Asset Management has reaffirmed changes to its board, which were first announced on 4 October....

Platypus, ECPAM and Hyperion have been named the best performing Australian share strategies by Morningstar....

A combination of the Financial Adviser Standards and Ethics Authority regime and the Royal Commission has driven advisers into two camps – ‘acceptors’ and ‘rejectors’, ac...

Money Management looks at the equity funds which ticked the metrics of performance, volatility and Sharpe ratio in 2018. ...