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Major financial advice licensees appear to be benefiting from increased competition between the funds management research houses but the news appears not so good for the ...

Financial planning • 10 February 2021

The Commonwealth Bank may have sold out of its wealth businesses but they continued to impact its half-year bottom line....

Financial planning • 10 February 2021

Praemium has reported record growth in funds under advice to $34.3 billion for the half-year ending 31 December 2020. ...

Funds management • 10 February 2021

Countplus has declared to the market that it has been sufficiently indemnified by the Commonwealth Bank against the growing remediation costs of Count Financial....

Financial planning • 10 February 2021

Ananda Kathiravelu has been convicted for conspiring to manipulate the market by attempting to inflate the value of the share price of Radar Iron Limited....

Policy & Regulation • 10 February 2021

Financial planning firm, Poynter Hargraves has had additional conditions imposed on its license including the removal of its sole responsible manager....

Financial planning • 10 February 2021

Sam Hallinan, previously Nikko AM managing director, has been appointed to lead Schroders Australian business....

People & Products • 10 February 2021

AMP Limited bidder Ares has dropped its bid for 100% of the company and is now only interested in AMP Capital leading AMP to declare that the future of its wealth busines...

Financial planning • 11 February 2021

The firm is watching the potential impact that EU legislation will have on Facebook and other social media companies, having already reduced a stake in Alibaba....

Funds management • 11 February 2021

It is an “oddity” the Liberal Party does not support private savings and failing to increase the superannuation guarantee will leave people missing out on hundreds of tho...

Superannuation • 11 February 2021

There are almost a dozen funds that have Crown Resorts in their top holdings, where do they stand now the company has been declared unfit to hold a gambling licence in NS...

Funds management • 11 February 2021

There has been a 10% increase in labour productivity in the last eight years and not a cent has gone to wages, and more money in superannuation can help fund public renta...

Superannuation • 11 February 2021

Industry funds-backed investment manager, IFM Investors has declared as “false and misleading” research house claims that it misled a Parliamentary Committee over the val...

Funds management • 11 February 2021

The Government is being accused of regulatory over-reach via its Your Future Your Super legislation with industry funds, company directors, employers and accounts coalesc...

Superannuation • 11 February 2021

AMP Limited bidder Ares has dropped its bid for 100% of the company and is now only interested in AMP Capital leading AMP to declare that the future of its wealth busines...

Financial planning • 11 February 2021

The Australian Securities and Investments Commission has declared its support for the provision of good quality limited advice while rebutting Government back-bench sugge...

Financial planning • 11 February 2021

Ben Daly and Nicole Aubrey have been appointed to distribution roles in Australia. ...

People & Products • 11 February 2021

The manager is hopeful of strong returns from the healthcare and consumer staples sectors this year as it believes they will be key return contributors as valuations are ...

Funds management • 12 February 2021

As BetaShares launches an exchange traded fund focused on cloud computing, which ASX-listed cloud stocks have done well in the past year?...

Funds management • 12 February 2021

Underperformance of the firm’s global funds has led to performance fees at Magellan declining by 70% in the first half of 2021....

Funds management • 12 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