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With the ongoing fee arrangement obligations coming into place in two weeks, the corporate regulator needs to explain its guidance surrounding ‘consent’ on the payment of...

Financial planning • 17 June 2021

Sean West from Macquarie and Justin Delaney from Zurich have been appointed to the board of directors....

People & Products • 17 June 2021

The Your Future, Your Super bill has now been passed in the Senate and will come into force on 1 July, 2021. ...

Superannuation • 17 June 2021

Only 1% of Australian high-performing funds have outperformed their benchmarks for five consecutive years, according to S&P Dow Jones....

Funds management • 18 June 2021

ETF providers have described how liquidity problems prevent them launching products in the small and mid-cap space, although investors could often access companies via th...

Funds management • 18 June 2021

Milford’s flagship Australian Absolute Growth fund has seen more than 20% returns over the past year thanks to a preference by the market for cyclical names. ...

Funds management • 18 June 2021

It is “too premature” for the central bank to think about stopping its quantitative easing programme when it concludes in September. ...

Funds management • 18 June 2021

While the Financial Services Council has welcomed the Senate passage of the Your Future, Your Super bill, Industry Super Australia and the Australian Institute of Superan...

Superannuation • 18 June 2021

Despite a lag in vaccinations and snap lockdowns in the country, median balanced super funds experienced positive growth and are in position to end the financial year wit...

Superannuation • 18 June 2021

Clients are likely to miss out if the Treasury Laws Amendment (More Flexible Super) Bill is delayed further as they may be too old to use bring-forward contributions befo...

Superannuation • 18 June 2021

The decrease in adviser roles number this week was almost twice as many as the loss of actual advisers at 100 and 53, respectively, due to double authorisations, accordin...

Financial planning • 18 June 2021

The Association of Superannuation Funds of Australia has called on business to pass on the superannuation guarantee rise on to workers as they can afford it....

Superannuation • 18 June 2021

SS&C elected not to match the offer made by Apex to make a 100% acquisition of funds administrator Mainstream....

Funds management • 18 June 2021

The claims against the bank had been dismissed but there is still a possibility the dismissal could be reversed....

Financial planning • 18 June 2021

Self-managed superannuation funds will be allowed to have up to six members and the SMSF Association has welcomed this change as it will provide additional flexibility an...

SMSF • 18 June 2021

T. Rowe Price is exploring opportunities in resources as the result of surging commodity prices and a push for electric vehicles....

Funds management • 21 June 2021

The proportion of women who own cryptocurrency has jumped from 7% in January to 11% in June, while the proportion of men with cryptocurrency has fallen from 29% to 23%, a...

Financial planning • 21 June 2021

Financial advisers only make up around 1.4% of complaints to the Australian Financial Complaints Authority, while life insurance is around 2%....

Financial planning • 21 June 2021

The corporate watchdog is looking at its enforcement settings as priorities have changed but being an active litigant when needed is still on the table. ...

Policy & Regulation • 21 June 2021

The Association of Financial Advisers has called for an end to the “persecution” of the financial advice sector....

Financial planning • 21 June 2021
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

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

3 weeks 3 days 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 1 day 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 ago