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Investors have greater interest in environmental, social and governance but usage of actual products remains low at just 10% of retail investors....

Financial planning • 14 December 2020

Financial advisers and authorised representatives looking to provide claims handling services for insurance products will be able to represent more than one Australian fi...

Policy & Regulation • 14 December 2020

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...

Policy & Regulation • 14 December 2020

The Financial Services Council has nominated initiating a compensation scheme of last resort as one of the major challenges facing the Government in 2021. ...

Policy & Regulation • 14 December 2020

Financial advisers have expressed consternation that Asgard has signaled that it will be turning off one-off adviser fees on MySuper accounts. ...

Financial planning • 14 December 2020

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. ...

Funds management • 14 December 2020

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 ...

Financial planning • 14 December 2020

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...

Life/Risk • 14 December 2020

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. ...

Funds management • 15 December 2020

RARE Infrastructure Limited (RARE) has announced that it will change its name to ClearBridge Investments Limited in the first quarter of 2021. ...

Funds management • 15 December 2020

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...

Funds management • 15 December 2020

The delayed covenant should come into force as soon as possible to ensure retirees are properly equipped for retirement, according to Allianz Retire Plus. ...

Superannuation • 15 December 2020

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...

Policy & Regulation • 15 December 2020

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...

Policy & Regulation • 15 December 2020

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...

Policy & Regulation • 15 December 2020

The chief executive of AMP’s SuperConcepts and managing director of superannuation, retirement and platforms, Lara Bourguignon, has resigned to move into consultancy. ...

People & Products • 15 December 2020

The Australian Securities and Investments Commission has seen a “significant escalation” in complaints about unlicensed operators providing financial product advice witho...

Policy & Regulation • 15 December 2020

Fitzpatricks Group has appointed Jodie Blackledge as chief executive, succeeding founder John Woodley....

People & Products • 15 December 2020

Over the last few years listed investment companies have shifted from Australian equities towards fixed interest, according to research. ...

Funds management • 16 December 2020

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...

Funds management • 16 December 2020
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week 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 former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

4 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...

2 weeks 6 days ago

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

2 days 4 hours ago