The devil will be in the detail and so all the key elements of the superannuation industry want the Government to enter into meaningful consultation around its superannua...
One of Australia’s largest industry superannuation funds has confirmed it actually directly charges members who access intrafund advice....
After six years at the helm Jonathan Hoyle has stepped down and will be succeeded by the firm’s director of private wealth, Vincent O’Neill....
Geoff Lloyd will leave MLC after two years at the helm following the recent sale agreement with IOOF....
More than two million borrowers have gone over their limit during the pandemic as wage cuts and unemployment necessitate more credit. ...
The trustee and funds administration arms of MSC Group have been appointed to over 60 existing individual funds backed by Oaktree Capital Management. ...
New research house, Evergreen Ratings, will look closely at the closed-ended, wholesale, illiquid and listed investment vehicles offered by Australian and global fund man...
The Federal Budget lacks any measures to improve the access of financial advice nor does it have measures to support self-funded retirees, the Association of Financial Ad...
The Federal Budget has not done enough to address systemic weaknesses in the economy according to a super fund but the Assistant Minister for Superannuation, Financial Se...
The Federal Budget lacks any measures to improve the access of financial advice nor does it have measures to support self-funded retirees, the Association of Financial Ad...
The decision by central banks to cut interest rates to record lows has left investors feeling like there’s no alternative to going into equities....
Poorly-performing superannuation funds need to be identified and weeded out before the Government embarks on stapling....
The future of the Financial Adviser Standards and Ethics Authority is expected to be made clear in next May’s Federal Budget but, in the meantime, its funding and staffin...
Ex-Synchron adviser Anthony Vivian Dick dishonestly used $1.1 million from his clients’ accounts which was spent on items including a $72,000 boat....
The acquisition would include Parametric and Calvert and will be finalised in the second quarter of 2021. ...
After announcing its second Private to Public Opportunities fund in September, it has now closed fully subscribed, raising $125 million. ...
Shares in Facebook have risen 25% since the start of 2020 but every company that has a similar growth profile as the social network is trading higher, according to Capita...
Pengana chief investment officer Rhett Kessler said he was “vomit buying” after lowering his Australian equities fund’s cash weighting as a response to the market downtur...
Westpac should generate strong profits as loan losses fall, cash rates begin to rise, and cost savings are achieved, according to Morningstar....
Although the Federal Government promised backdated tax cuts in the budget, the Institute of Public Accountants says these won’t be realised until the end of the year....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...