The Commonwealth Bank has been hit with another class action – this time involving CommInsure products recommended by Commonwealth Financial Planning and Financial Wisdom...
Any further delay in increasing the superannuation guarantee will not translate to higher wages because employers have no intention of paying them, according to the Austr...
Both the chairman, David Murray and the chief executive of AMP Capital, Boe Pahari are exiting the company. ...
Six of Australia's largest banking and financial services institutions have offered a total of $1.05 billion in compensation, as at 30 June 2020, to customers who suffere...
The payments of the new guaranteed floating rate lifetime annuity will be linked to the RBA cash rate....
AMP Limited has sought to clarify its position on the appointment of Boe Pahari as chief executive of AMP Capital by publishing an apology from him for events in 2017 as ...
It has welcomed the finding from the draft report of the NSW review of Federal Financial Relations to abolish insurance duties. ...
Retirees who took more than the reduced minimum amount as a pension before the change became law can only treat payments made after 24 March, 2020, as lump sum commutatio...
Now is the time investors should look at increased allocation to alternative strategies to improve risk adjusted outcomes and liquid alternatives focused upon absolute re...
Leading actuarial research house, Rice Warner, has called for delaying the next superannuation guarantee rise rather than abandoning it altogether. ...
Investors are gravitating towards hard currency debt for emerging markets but only one fund in Australia has managed to make a return so far this year, according to data....
Documenting the mental health issues financial advisers have faced following two decades of reforms could help legislators and industry associations to better understand ...
Despite rebounding markets, inside the commodities and energy sector gold has continued to dominate while most other commodities posted a loss during the first half of th...
Industry superannuation funds are calling on the Government to help low income earners recoup their losses from taking hardship early access superannuation by making a on...
An under pressure OnePath has stepped up its efforts to cut its losses on income protection insurance by announcing a 25% increase in premiums for existing customers as w...
The firm’s funds under administration was up 34% on FY19 and it has announced the appointment of its new chief financial officer....
The Australian Securities and Investments Commission has imposed a five year ban on a former adviser who claimed to have left ANZ with an exemplary compliance record....
Companies who access the Australian Securities and Investments Commission new and expanded regulatory sandbox will get two years to prove their case including licensed bu...
Former adviser and Royal Commission witness Sam Henderson has pleaded guilty to a ‘rolled up’ charge of dishonest conduct regarding his qualifications....
The CFA Institute has proposed environmental, social, and governance disclosure standards to allow investors to more comprehensively evaluate whether an investment produc...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...