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Financial planners in favour of Lonsec but have made room for some new entrants, according to Money Management's Rate the Raters survey....

News • 6 November 2019

The Australian Securities and Investments Commission has obtained freezing orders on the assets of a financial adviser who it alleged had failed to assist the Australian ...

Financial planning • 6 November 2019

The group reported a reduced profit for the first time in eight years and cites cautious investors, the Royal Commission, and reduced fees as reasons....

Funds management • 6 November 2019

Williams Johns will join the board, while Alison Henderson and David Sharpe will each receive a second term....

People & Products • 6 November 2019

A superannuation fund has found itself in the Federal Court over Australian Securities and Investments Commission concerns about its use of a general advice model....

Superannuation • 6 November 2019

Finding value in credit markets in a late-cycle U.S. economy....

Knowledge Centre • 6 November 2019

Utilising Rice Warner’s Galaxy Risk Insurance Engine, it will be available on their AdviceOS platform....

People & Products • 7 November 2019

Financial services technology provider GBST has now become part of the FNZ Group following completion of the acquisition transaction this week....

Funds management • 7 November 2019

Datacube will allow consumers and organisations to track results of complaints against financial firms by the Australian Financial Complaints Authority....

People & Products • 7 November 2019

The low interest rate environment is making it difficult for retirees to generate income without taking an excessive amount of risk....

Financial planning • 7 November 2019

The Australian Securities and Investments Commission has avoided declaring a targeted success rate for its ‘if not, why not’ approach to litigation and has foreshadowed t...

Policy & Regulation • 7 November 2019

There will be no pay increases or bonuses this financial year for National Australia Bank’s most senior executives....

Funds management • 7 November 2019

The bank experienced a 10.8% reduction on cash earnings in FY19 due to spending $1.1 billion on customer remediation and had changes in its software capitalisation policy...

Financial planning • 7 November 2019

The Government has been told by two veteran fund managers it needs to look beyond the use of monetary policy if it wants to appropriately stimulate the Australian economy...

Funds management • 7 November 2019

Former bank-owned investment managers are feeling the fallout from financial adviser dislocation in the form of significantly reduced fund inflows....

Financial planning • 7 November 2019

Only two industry superannuation funds have been served with Australian Securities and Investments Commission infringements since the start of 2013 and the combined amoun...

Policy & Regulation • 7 November 2019

GPS Wealth adviser, Mark Alexander Rothnie has been banned by ASIC for failing to act in the best interests of his clients and failing to provide appropriate advice....

Policy & Regulation • 7 November 2019

ASIC has banned former Apogee and ANZ financial adviser Adrian Khaw who advised clients to use an SMSF and use LRBAs to purchase a property....

Policy & Regulation • 7 November 2019

The question confronting the managed accounts sector is whether increased regulatory scrutiny will act as a brake to its recent rapid growth?...

Guides • 7 November 2019

Charles Lowe joins Plato Investment Management as a senior quantitative analyst from Macquarie Quant Hedge funds....

People & Products • 8 November 2019
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MARKET INSIGHTS

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

1 week 4 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...

2 weeks 4 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

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

1 week 6 days ago

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...

3 weeks 5 days ago

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 ...

2 weeks 3 days ago