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Tax Financial Advisers should be permitted to apply for Australian Business Numbers on behalf of clients and the Tax Practitioners Board has been asked to facilitate the ...

Financial planning • 20 August 2020

The Financial Planning Association has warned the Australian Competition and Consumer Commission against imposing another layer of regulation and cost on financial advise...

Financial planning • 20 August 2020

Diversification of Perpetual has not been enough to cushion the business from COVID-19 with the business reporting a 29% decline in net profit after tax....

Funds management • 20 August 2020

Centrepoint Alliance has reported a 61% growth in adviser fees during FY20, followed by an 11% growth in gross revenue driven by strong growth in new advisers and signifi...

Financial planning • 20 August 2020

Powerwrap has announced it has entered into an agreement with new wealth management boutique Emanuel Whybourne. ...

Financial planning • 20 August 2020

The technology firm’s profit has taken a hit due to impacts of operating losses in acquired businesses and an increase in annual leave days following the COVID-19 pandemi...

Funds management • 20 August 2020

Publicly-listed financial services group, Sequoia has posted a record net profit and hailed itself as the fourth largest non-aligned advisory platform....

Financial planning • 20 August 2020

There are a range of self-interest groups “obsessed with dismantling superannuation on ideological grounds” that could shrink the economy, according to the Association of...

Superannuation • 20 August 2020

The corporate regulator has commenced civil penalty proceedings against StatePlus Super, BT Funds Management, and Asgard Capital for charging fees for no service, which w...

Financial planning • 20 August 2020

Westpac has said it will not be defending ASIC charges against BT Funds Management and Asgard over fee for no service and has apologised to those affected....

Financial planning • 20 August 2020

The upcoming earnings season will be the first opportunity to see the damage COVID-19 has inflicted on firms, according to Pengana....

Funds management • 21 August 2020

There are now 24 MSCI emerging market countries and only three of the original 10 remain in the index’s largest weightings. ...

Funds management • 21 August 2020

Despite the airline’s profit down 91%, there are eight Australian equity funds retaining a stake in the firm, including five from Pendal....

Funds management • 21 August 2020

Profitability at the big four banks is expected to remain under pressure for the next 18 months, according to ratings agency Fitch. ...

Funds management • 21 August 2020

The increased dependence on internet during the pandemic could lead to telcos and internet providers being classed as utilities in the future. ...

Funds management • 21 August 2020

Despite the gulf between the winners and losers of the COVID-19 pandemic, the virus has presented attractive opportunities for resilient emerging companies....

Funds management • 21 August 2020

The movement toward modern monetary theory, the divergent political transitions in the US, Europe and China, and the prolonged structural adjustment still ahead for the U...

Funds management • 21 August 2020

Environmental, social, and governance factors and more features from online brokers matter more to investors, according to a report....

Financial planning • 21 August 2020

Since 2007, the number of self-managed super funds using a financial planner has not grown at the same level as the amount of new trustees. ...

Financial planning • 21 August 2020

Key correspondence between the Australian Securities and Investments Commission and Treasury over making class action litigation funding subject to an Australian Financia...

Policy & Regulation • 21 August 2020
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 2 weeks ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

3 weeks 1 day ago

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...

4 days 21 hours ago

ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors. ...

2 weeks 1 day ago