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Although it has lagged its large-cap counterpart for the last couple of years, global small/mid-caps funds have traditionally outperformed when emerging from an economic ...

Funds management • 7 October 2020

A major industry superannuation fund, UniSuper, has confirmed how one of its executives and 93 other employees switched investment options amid the worst of the COVID-19 ...

Superannuation • 7 October 2020

The devil will be in the detail and so all the key elements of the superannuation industry want the Government to enter into meaningful consultation around its superannua...

Superannuation • 7 October 2020

One of Australia’s largest industry superannuation funds has confirmed it actually directly charges members who access intrafund advice....

Financial planning • 7 October 2020

After six years at the helm Jonathan Hoyle has stepped down and will be succeeded by the firm’s director of private wealth, Vincent O’Neill....

People & Products • 7 October 2020

Geoff Lloyd will leave MLC after two years at the helm following the recent sale agreement with IOOF....

People & Products • 7 October 2020

More than two million borrowers have gone over their limit during the pandemic as wage cuts and unemployment necessitate more credit. ...

Financial planning • 8 October 2020

The trustee and funds administration arms of MSC Group have been appointed to over 60 existing individual funds backed by Oaktree Capital Management. ...

Funds management • 8 October 2020

New research house, Evergreen Ratings, will look closely at the closed-ended, wholesale, illiquid and listed investment vehicles offered by Australian and global fund man...

Funds management • 8 October 2020

The Federal Budget lacks any measures to improve the access of financial advice nor does it have measures to support self-funded retirees, the Association of Financial Ad...

Financial planning • 8 October 2020

The Federal Budget has not done enough to address systemic weaknesses in the economy according to a super fund but the Assistant Minister for Superannuation, Financial Se...

Financial planning • 8 October 2020

The Federal Budget lacks any measures to improve the access of financial advice nor does it have measures to support self-funded retirees, the Association of Financial Ad...

Financial planning • 8 October 2020

The decision by central banks to cut interest rates to record lows has left investors feeling like there’s no alternative to going into equities....

Funds management • 8 October 2020

Poorly-performing superannuation funds need to be identified and weeded out before the Government embarks on stapling....

Superannuation • 8 October 2020

The future of the Financial Adviser Standards and Ethics Authority is expected to be made clear in next May’s Federal Budget but, in the meantime, its funding and staffin...

Financial planning • 8 October 2020

Ex-Synchron adviser Anthony Vivian Dick dishonestly used $1.1 million from his clients’ accounts which was spent on items including a $72,000 boat....

Policy & Regulation • 8 October 2020

The acquisition would include Parametric and Calvert and will be finalised in the second quarter of 2021. ...

Funds management • 9 October 2020

After announcing its second Private to Public Opportunities fund in September, it has now closed fully subscribed, raising $125 million. ...

Funds management • 9 October 2020

Shares in Facebook have risen 25% since the start of 2020 but every company that has a similar growth profile as the social network is trading higher, according to Capita...

Funds management • 9 October 2020

Pengana chief investment officer Rhett Kessler said he was “vomit buying” after lowering his Australian equities fund’s cash weighting as a response to the market downtur...

Funds management • 9 October 2020
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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

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It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

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So we are now underwriting criminal scams?...

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After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

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WT Financial’s Keith Cullen is eager for its Hubco initiative to see advice firms under its licence trade at multiples which are catching up to those UK and US financial ...

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As the deadline approaches for advisers to meet higher education requirements, the FAAA has shared an “obscure” loophole to help advisers avoid redoing a professional yea...

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