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The Government and the regulator are showing signs that they now understand they have gone too far in driving up the cost of financial advice, according to panellists at ...

Financial planning • 13 August 2020

Membership fees are the lifeblood of industry superannuation funds and new analysis has revealed they appear to have taken a mighty hit from the Government’s hardship ear...

Superannuation • 13 August 2020

Class has acquired Smartcorp for $4.2 million with the transaction to be completed by 20 August....

People & Products • 13 August 2020

Navigator Global Investments is to acquire six investments from funds managed by Neuberger Berman subsidiary Dyal Capital Partners. ...

Funds management • 13 August 2020

Despite lingering cultural issues that have dogged the company, chief executive, Francesco De Ferrari said fixing culture is still a major priority....

Financial planning • 13 August 2020

Managed accounts structures demonstrate maturity in face of COVID-19...

Guides • 13 August 2020

The fund manager believes the property market has incorrectly priced the underperforming assets and is hoping growth in online shopping will surge in Australia....

Funds management • 14 August 2020

With Chinese firms facing increased regulations and audits from the US, Pendal is betting they will choose to list in Hong Kong rather than the US....

Funds management • 14 August 2020

The COVID-19 pandemic has brought social and governance strongly into focus and two sustainable exchange traded funds were among the most popular products during July, ac...

Funds management • 14 August 2020

There were no Australian listed property funds that reported a return since the start of the year as COVID-19 continues to impact rental leases and contract negotiations....

Funds management • 14 August 2020

Nicole Kidd has been appointed to the newly-created role of head of private debt for Australia at Schroders....

People & Products • 14 August 2020

The Tax Practitioners Board and the Australian Bookkeepers Association have signed a memorandum of understanding to enhance the integrity of BAS agents....

Financial planning • 14 August 2020

Charter Hall’s retail real estate investment trust has seen its statutory profit 16.8% down for FY20 due to valuation movements....

Funds management • 14 August 2020

The Australian Securities and Investments Commission has reported it simply became too busy to develop a report around superannuation funds seeking to induce employers to...

Superannuation • 14 August 2020

The biggest financial planning group in Australia, AMP Financial Planning, has lost 157 advisers so far this year bringing its total adviser complement to less than 1,000...

Financial planning • 14 August 2020

On the back of revealing a 7% decline in third quarter cash earnings, National Australia Bank has confirmed that client remediation continues to be a factor in exiting ML...

Financial planning • 14 August 2020

Praemium has reported a 42% increase in pre-tax profit from $5.4 million a year ago to $7.7 million in the FY2020 but a client transition meant funds under administration...

Funds management • 14 August 2020

The Court of Criminal Appeals has dismissed Gabriel Nakhl’s appeal against a 10-year sentence for misuse of client funds....

Financial planning • 17 August 2020

New Zealand-based investment banking firm, Jarden, and Credit Suisse Australia have announced they have reached a mutual agreement and decided to exit their formal strate...

Financial planning • 17 August 2020

It is now even more critical for the superannuation guarantee to lift to 12% as COVID-19 has left many young Australians unemployed, according to a super body....

Superannuation • 17 August 2020
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