With the Commonwealth Bank’s planned exit from Financial Wisdom and the sale of Count Financial, all eyes have turned to the future of Colonial First State....
AMP Limited has outlined its $1 billion strategy remake entailing fewer, more productive advisers and different approach to buyer of last resort....
The Financial Adviser Standards and Ethics Authority has released its June exam results, from the inaugural financial advisers exam, with 90 per cent of candidates passin...
APRA has fined the bank and two of its entities $1.5 million....
Nuveen’s Asia Pacific Cities Fund has announced the acquisition of a key logistics facility in South Korea....
GAM Investments’ Systematic alternative risk premia strategy has surpassed US$2 billion in assets under management thanks to strong inflows....
Most financial assets that have high valuations today are unlikely to become cheaper, according to Principal Global Investors....
Strong demand from wholesale investors has helped attract $50 million to Perennial Value’s Private to Public Opportunities Fund....
The Commonwealth Bank has announced it will divest from thermal coal by 2030, after being one of the heaviest lenders to coal, oil, and gas, according to Market Forces. ...
Ophir Asset Management has appointed Michael Goltsman to its investment team as a portfolio manager, based in Sydney....
ETF Investments Australia Pty Limited (eIinvest), an exchange-traded managed fund solutions distributor, has hired Tamas Calderwood as a distribution specialist....
QIC Global Real Estate has issued a $300 million green bond for capital expenditure associated with the retail property sector....
Outsider was among those who were somewhat surprised that the Commonwealth Bank opted to close down the Financial Wisdom license rather than sell it....
It is possibly a measure of Outsider’s recent bout of insomnia (perhaps the Ashes is being played in mother England) that he found himself reading the so-called ‘Promonto...
Outsider has to admit that Magellan co-founder, Hamish Douglass has more than earned his reputation for making the right investment calls. After all, Magellan’s financial...
A super fund investing in index funds has beaten the best-performing super funds with returns of 10 per cent per annum....
Cram 4 Exam has announced its program details, which will provide a three-step program consisting of webinars and a practical one-day intensive workshop from industry exp...
The Australian Prudential Regulation Authority chairman, Wayne Byers has urged financial services companies to embrace the need for self-regulation at both industry and c...
The Financial Planning Association has warned the Australian Securities and Investments Commission to be mindful of how product manufacturers may seek to recoup costs whe...
AMP Limited is facing multiple challenges as a result of its changes to its buyer of last resort arrangements and its signalling of a significant reduction in aligned adv...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...