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The Commonwealth Bank of Australia has acknowledged the two class actions against Colonial First State that were filed last week....

Superannuation • 21 October 2019

AMP Capital’s global chief investment officer of equities, David Allen, is poised for growth as he completes a three-year process to revamp the firm’s equity division, wi...

Funds management • 21 October 2019

The Financial Advisers Standards and Ethics Authority guidance for its code of ethics, which comes into effect on 1 January, 2020, has been released....

Financial planning • 21 October 2019

The Australian Securities and Investments Commission’s SMSF factsheet contains ‘an array of seemingly deliberate inaccuracies’ and should be withdrawn, according to econo...

Policy & Regulation • 21 October 2019

Low-debt companies can help drive consistent returns for environmental, social and governance investors, according to research from Hejaz Financial Services....

People & Products • 22 October 2019

Melinda He has been appointed as manager – liquid assets to assist with the equity, fixed income and liquids alternatives side of the portfolio....

People & Products • 22 October 2019

Stuart Develyn will move to a new role, while Michael Pease, general manager of operations, would take on both roles as part of the company’s restructuring....

People & Products • 22 October 2019

Emma Halley has been appointed as head of investment process, multi-asset and macro for Aviva Investors....

People & Products • 22 October 2019

Super funds should tailor their portfolios for pension phase investors to take advantage of after-tax alpha....

Superannuation • 22 October 2019

AMP Capital has raised US$6.2 billion for its fourth infrastructure debt strategy, its largest closed-ended fund yet....

Funds management • 22 October 2019

Cloud-based self-managed superannuation funds administrator Class is looking beyond SMSFs towards the trust sector to accelerate growth....

SMSF • 22 October 2019

The Australian Securities and Investment Commission has signed a Memorandum of Understanding with the European Securities and Markets Authority regarding financial benchm...

Policy & Regulation • 22 October 2019

SMSF members are saving well above the comfortable retirement standards, according to Accurium....

Superannuation • 22 October 2019

Seven different regulators combined with three different complaints and disciplinary bodies mean that financial planners have been left sinking in a regulatory swamp....

Policy & Regulation • 22 October 2019

The Financial Planning Association has strongly urged the removal of the general advice exemption for financial product issuers because it undermines best interests....

Financial planning • 22 October 2019

The Association of Financial Advisers has accused the Financial Adviser Standards and Ethics of Authority of using its code of ethics approach to ‘create its own laws, wa...

Financial planning • 22 October 2019

The ‘buy now pay later’ market has delivered mixed results for the Lennox Capital Partners’ managers....

Funds management • 23 October 2019

Financial Services Council chief executive Sally Loane has called on policymakers to implement a ‘default once’ system to help superannuation members maintain a single ac...

Superannuation • 23 October 2019

The Australian Taxation Office has disputed the allegation by the ‘Your Right to Know’ coalition of media outlets which implies that the tax office can take money direct...

Financial planning • 23 October 2019

A man operated an illegal SMSF and issued an unlawful early release of super funds for 25 people....

SMSF • 23 October 2019
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 5 days ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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So we are now underwriting criminal scams?...

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After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

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WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

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