Investors have greater interest in environmental, social and governance but usage of actual products remains low at just 10% of retail investors....
Financial advisers and authorised representatives looking to provide claims handling services for insurance products will be able to represent more than one Australian fi...
Both the Australian Securities and Investments Commission and the Treasury will need adequate funding and resourcing to handle their new regulatory roles following the cl...
The Financial Services Council has nominated initiating a compensation scheme of last resort as one of the major challenges facing the Government in 2021. ...
Financial advisers have expressed consternation that Asgard has signaled that it will be turning off one-off adviser fees on MySuper accounts. ...
Challenger has announced that it has appointed Equity Trustees as note trustee for its Capital Notes 3, a perpetual convertible security which has raised $385 million. ...
The Australian Competition and Consumer Commission has waved through IOOF’s acquisition of MLC Wealth arguing IOOF will not have more than 10% market share and will face ...
Younger superannuation members and those in insurance policies with more restrictive terms and conditions may be receiving relatively low value for money, according to th...
An equal exposure to cash, fixed income, equities and precious metals is how Cor Capital plans to position its portfolio to 2021, debunking the traditional 60/40 method. ...
RARE Infrastructure Limited (RARE) has announced that it will change its name to ClearBridge Investments Limited in the first quarter of 2021. ...
There is a hope the FTSE 100’s poor performance since the start of they ear will reverse if the uncertainty from an unknown Brexit outcome is removed, according to AXA IM...
The delayed covenant should come into force as soon as possible to ensure retirees are properly equipped for retirement, according to Allianz Retire Plus. ...
Financial advisers may be significantly constrained in using the term “independent” but asset consultants are largely in the clear because asset consultation is not a leg...
A new survey has revealed Australia as a global laggard on portfolio holdings disclosure with Morningstar delivering it a lowest-possible Australia has received a signifi...
The Australian Securities and Investments Commission has confirmed that its industry funding model is helping underwrite the cost of consumer submissions such as those us...
The chief executive of AMP’s SuperConcepts and managing director of superannuation, retirement and platforms, Lara Bourguignon, has resigned to move into consultancy. ...
The Australian Securities and Investments Commission has seen a “significant escalation” in complaints about unlicensed operators providing financial product advice witho...
Fitzpatricks Group has appointed Jodie Blackledge as chief executive, succeeding founder John Woodley....
Over the last few years listed investment companies have shifted from Australian equities towards fixed interest, according to research. ...
While low interest rates are having a negative effect on saving rates, the Reserve Bank of Australia has indicated Australian banks are better prepared and will feel only...
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...