GSFM has acquired a 49% stake in boutique equity specialist Redpoint Investment Management, creating a combined firm with over $17 billion in assets under management. ...
Nearly half of investors do not expect the US/China trade war to be resolved, according to a global fund manager survey by Bank of America Merrill Lynch....
The Tax Practitioners Board has announced it will target 2,000 tax practitioners who were identified as being of the highest risk....
The industry took a “she’ll be right” attitude in the decade after the GFC where it acted as if nothing was wrong, according to ASIC commissioner James Shipton....
Former Colonial First State executive director, Linda Elkins may have left the company and become a partner at KPMG but she has been named in a class action filing....
AMP Limited has had to revert to its old adviser learning/CPD platform amid technical problems in moving to its new Financial Adviser Standards and Ethics Authority focus...
Outsider has been around long enough to reflect that when the superannuation guarantee was first established by the then Labor Treasurer, Paul Keating who envisaged it re...
Outsider is an old rugby player so he knows there are rules about kicking a player on the ground, so notes that AMP was further kicked in the guts when it recently receiv...
Having worked in journalism for many years, Outsider can cast his mind back to a time when sexist comments were frequently made about women and nobody blinked an eye. ...
Ben Jayaweera has been found guilty of six charges of dishonestly causing detriment to clients, involving approximately $5.9 million....
Australian Securities and Investments Commission concerns about the adequacy of advice provided via robo tools has seen them voluntarily closed down....
There are numerous examinations facing advisers in the short-term, even with a potential Government extension, so how can advisers be prepared while still doing their day...
In The Empire Strikes Back, Yoda utters the line: “Difficult to see. Always in motion is the future”, a line that equally applies to investment, writes Alphinity’s Jonas ...
As local and global markets continue to endure political and economic impediments, investors are re-evaluating their return expectations. So, Simon Doyle writes, what’s a...
While most Australian investors have exposure to local property securities for income and potential capital growth, it’s unlikely that they’ve considered investing in pro...
Following the announcement by AMP of unilateral changes to the buyer of last resort policy, some AMP advisers are now facing financial devastation, Dan Mackay writes....
As central banks worldwide fight with low or even negative rates, advisers should look towards higher-quality investment grade bonds and emerging market debt to seek out ...
The question has to be asked whether the financial planning industry’s lacklustre past efforts on member discipline and sanctions fatally undermined proposals for self-re...
Slater and Gordon has become the second to file a class action against CFS for charging FirstChoice Super members higher fees for ongoing commissions to members who did n...
AMP Capital has acquired Expedient which will be a new addition to its US communications infrastructure holding....
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?...