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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....

Superannuation • 3 February 2021

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...

Financial planning • 3 February 2021

The global asset manager’s new Climate Engagement Escalation Programme will require systemic carbon emitters to deliver net zero emission by 2050....

Funds management • 3 February 2021

The High Court has delivered a key decision on what represents the difference between general and personal advice. ...

Financial planning • 3 February 2021

Its software platform Eleva8 has been designed to help financial planning businesses better screen customers for cultural fit in the new regulatory world....

Financial planning • 4 February 2021

Don Sillar has been appointed to the role to help empower superannuation members and advice clients to make informed decisions....

People & Products • 4 February 2021

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 ...

Financial planning • 4 February 2021

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...

Funds management • 4 February 2021

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....

Funds management • 4 February 2021

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....

Superannuation • 4 February 2021

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...

Financial planning • 4 February 2021

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...

Financial planning • 4 February 2021

Kieran Varcoe has taken the role, commencing in mid-February....

People & Products • 4 February 2021

Tim Barber has been appointed as head of Mercer Super and will lead the Mercer Super Trust, when his position commences in May....

People & Products • 4 February 2021

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....

Funds management • 5 February 2021

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...

Funds management • 5 February 2021

Earnings for the first half of the financial year for the firm were $2.1 million, prompting the firm to resume paying dividends....

Funds management • 5 February 2021

The Global Macro Sustainable fund has been launched in Australia, run by the same investment team as the Global Macro Opportunities fund....

Funds management • 5 February 2021

The Australian Securities and Investments Commission has outlined that managing climate-related risk is a key director responsibility and has identified firms which are ‘...

Funds management • 5 February 2021

Financial advisers should be granted as much leeway as lawyers in providing assistance with insurance claims, according to the Association of Financial Advisers....

Life/Risk • 5 February 2021
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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

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

4 weeks 1 day 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”....

3 weeks 6 days 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 5 days ago