By largely dispensing with external investment advisers, big building and construction industry fund, Cbus has claimed a saving to members of around $135 million a year....
The delivery of financial advice is becoming increasingly expensive and the Government needs to review the ASIC levy in circumstances where it has been rising exponentia...
The global asset manager’s new Climate Engagement Escalation Programme will require systemic carbon emitters to deliver net zero emission by 2050....
The High Court has delivered a key decision on what represents the difference between general and personal advice. ...
Its software platform Eleva8 has been designed to help financial planning businesses better screen customers for cultural fit in the new regulatory world....
Don Sillar has been appointed to the role to help empower superannuation members and advice clients to make informed decisions....
The passing of a bill on credit reporting could leave consumers vulnerable to unscrupulous lenders after ruling their financial hardship information must be disclosed on ...
Pinnacle has reported a 120% growth in net profit after tax to $30.3 million for the six months ended 31 December, 2020, thanks to greater diversification across differen...
With Jeff Bezos stepping away from the chief executive role at Amazon, Money Management looks at which funds have the highest allocation to the e-commerce firm....
New analysis has confirmed the impact of any move by the Government to halt the superannuation guarantee at 10% would have a significant impact on young workers....
The Australian Securities and Investments Commission’s view on the status of intra-fund advice suggests there are few implications likely to flow from this week’s High Co...
A key parliamentary committee has asked the Treasurer, Josh Frydenberg, to explain the justification for advisers facing the risk of five years’ jail for poor record-keep...
Kieran Varcoe has taken the role, commencing in mid-February....
Tim Barber has been appointed as head of Mercer Super and will lead the Mercer Super Trust, when his position commences in May....
If the hedge funds were fundamentally right and the stocks go down, the day traders will get very badly burned, according to one financial commentator....
Knowing when to soft close a fund can be a difficult but necessary decision for a firm as it navigates the balance between gaining more assets and achieving fund outperfo...
Earnings for the first half of the financial year for the firm were $2.1 million, prompting the firm to resume paying dividends....
The Global Macro Sustainable fund has been launched in Australia, run by the same investment team as the Global Macro Opportunities fund....
The Australian Securities and Investments Commission has outlined that managing climate-related risk is a key director responsibility and has identified firms which are ‘...
Financial advisers should be granted as much leeway as lawyers in providing assistance with insurance claims, according to the Association of Financial Advisers....
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...