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The fund manager’s funds management soared 29% to $92.8 billion over the year to 31 December, 2019....

Funds management • 14 February 2020

All participants in the financial services industry should bear the burden of funding a compensation scheme of last resort but any levy should be capped at 0.5% of revenu...

Financial planning • 14 February 2020

The sector benefitted from lower interest rates last year but any softening in bond yields could negatively impact pricing....

Funds management • 14 February 2020

The Finance Sector Union has accused AMP Limited of treating its financial advisers poorly amid the company’s confirmation of salary improvements for its chief executive,...

Financial planning • 14 February 2020

The Financial Services Council has canvassed the imposition of capital requirements on advice licensees as part of any compensation scheme of last resort at the same time...

Financial planning • 14 February 2020

The Australian Securities and Investments Commission and the Australian Prudential Regulation Authority have welcomed the proposed reforms aimed at increasing the role of...

Superannuation • 14 February 2020

The corporate watchdog has moved to disqualify, suspend, and add conditions on six self-managed superannuation fund auditors....

Superannuation • 14 February 2020

The course would help financial advisers support clients impacted by natural disasters....

Financial planning • 17 February 2020

The superannuation industry needs to shift its focus from the minimum super guarantee level to appropriate contribution levels based on members’ profiles, according to QM...

Superannuation • 17 February 2020

Money Management is seeking feedback from advisers on their thoughts and impressions of the FASEA exam, whether they have sat it or plan to....

Financial planning • 17 February 2020

The threat of the coronavirus is failing to have a significant effect on currency volatility as implied volatility in Asian currencies has fallen. ...

Funds management • 17 February 2020

Attracting talent to superannuation funds could become problematic under the Government’s move to extend the Bank Executive Accountability Regime to the superannuation in...

Policy & Regulation • 17 February 2020

Industry funds-backed IFM Investors has taken a lashing from the Assistant Minister for Financial Services, Senator Jane Hume, over its payment of $12.7 million bonus to ...

Funds management • 17 February 2020

No new CommInsure Protection products business will be written after 31 March, as part of the streamlining process being undertaken by AIA Australia....

Life/Risk • 17 February 2020

The Bushfire Recovery Line, 13 HELP, has received a $100,000 donation from CountPlus....

Financial planning • 18 February 2020

Clime Investment Management has posted a 25% growth in total gross funds under management to $1.02 billion....

Funds management • 18 February 2020

Bushfires on Kangaroo Island hindered the performance of the Lennox Australian Small Companies fund during January as a result of lower tourism numbers. ...

Funds management • 18 February 2020

This has improved its advice services which comes at no extra cost to members and is accessible outside Brisbane’s normal business hours....

Superannuation • 18 February 2020

The end of 2019 saw some resolution with Boris Johnson’s re-election, paving the way for a Brexit deal, but how did European equities finish the year?...

Funds management • 18 February 2020

Those who seek their own coverage cannot assume they will end up with a product in their best interests, according to a law firm....

Life/Risk • 18 February 2020
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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 2 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 2 days ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

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

1 week 4 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 3 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 1 day ago