Fintechs will now have a regulatory sandbox that will allow them to test new products and services for 24 months without obtaining a financial services or credit licence....

The complexity of the superannuation system is a barrier to modernising legacy products, according to the Financial Services Council....

Superannuation funds have been identified as having fallen short in the manner in which they communicated the implications of the Government’s Protecting Your Superannuat...

Former financial adviser, Daniel McSweeny, has been found unfit to stand trial for dishonest use of his position as a director....

The former Howard Government never went far enough on superannuation choice in 2005 and the Government should not baulk at addressing the problem this year, according to ...

Mercer has called for a universal Age Pension as it would create a simpler, more efficient super system with reduced administration costs....

The North American equities sector was the second best performing in 2019, but which funds took the lead?...

Financial advisers are facing significant extra hours of work to transition clients across to annual renewals....

The deduction of financial advice from member’s superannuation accounts is reasonable, according to actuarial research house, Rice Warner....

AMP Capital was a major bright spot for AMP as the company confirmed the exit of 440 advisers, an impairment bill of $2.35 billion and challenging times ahead when report...

Warren Acworth has been banned from providing financial services for engaging in misleading conduct relating to a financial product....

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Large mining groups Fortescue Metals, BHP Billiton and Rio Tinto, have all suffered losses this year as concerns linger over the effect of the coronavirus and how it coul...

Taking a niche approach to fund selection rather than opting for the standard Australian equities funds has paid off in the past year with the specialist equity sector re...

The Woodford Income Focus fund has re-opened, under the new management of Aberdeen Standard Investments, after the collapse of the flagship Woodford Equity Income fund....

In just one year, the assets in an ethical fund have jumped to $1.23 billion as money flowing into green finance escalates at record rates. ...

As two major banks announced their financial results this week, it’s a tale of two diverging share prices for Commonwealth Bank and National Australia Bank....

Janus Henderson has begun to rotate its Chinese equities portfolios by reducing their exposure to consumer companies in light of the coronavirus and favouring constructio...

Investors should focus on China’s investment fundamentals, like the continued growth of the middle class and the rapid growth of urbanisation, rather than on the short-te...

The firm’s client numbers have taken a hit off the back of legacy issues and five years of mergers and acquisition....