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Retail investors, who are increasingly using exchange traded funds or planning to boost their use of ETFs over the next six months, are reinforcing them as the go-to weal...

Funds management • 7 September 2021

The investment manager established a taskforce last year to identify where the company could take steps to target net zero in each asset class....

Funds management • 7 September 2021

To protect the fund’s performance, Prime Value Emerging Opportunities could be closed in a “year or so” as assets under management have doubled every six months....

Funds management • 7 September 2021

The design and distribution obligation does not consider the unnecessary and unworkable record keeping and reporting the regime places on planners, as well as unfairly pa...

Financial planning • 7 September 2021

As Senator Andrew Bragg calls for open access for super, Aware Super has reiterated calls for a clear industry objective to be in place....

Superannuation • 7 September 2021

If the corporate regulator had funds awarded by penalties put into the financial advice levy it could look like a new revenue stream aimed at players with deep pockets....

Policy & Regulation • 7 September 2021

Boutique Australian equity fund manager Merlon Capital Partners has appointed Rebecca El-Khoury as sustainability manager....

People & Products • 7 September 2021

Praemium adds business strategy to the responsibilities of its chief commercial officer, Mat Walker....

People & Products • 7 September 2021

To reduce the reporting burden, the corporate regulator is allowing licensees to batch upload reports that derive from a single root cause as part of the new breach repor...

Policy & Regulation • 7 September 2021

The firm has promoted Louise Watson, Australia and New Zealand head of distribution, to the role....

People & Products • 7 September 2021

MLC Asset Management has appointed Laura Hotaling as portfolio manager to its private equity team, building on several senior appointments announced earlier this year....

People & Products • 8 September 2021

Investors Mutual has appointed Damon Hambly as chief executive, a newly-created position which the firm said was a “natural progression” for the business....

People & Products • 8 September 2021

Around 12% of the association’s expenditures in FY21 has been on advocacy of financial advice which has been a “huge undertaking” due to overwhelming regulatory reform me...

Financial planning • 8 September 2021

Investors allocating to real estate should consider areas such as electric vehicles and cloud computing for future gains....

Funds management • 8 September 2021

The two banks will be probed by a parliamentary committee on its Royal Commission recommendation implementation progress along with implications of common ownership and c...

Financial planning • 8 September 2021

One of the key benefits of scale for advice businesses is the ability to invest, particularly in technology, according to Easton....

Financial planning • 8 September 2021

AZ NGA has acquired a strategic stake in self-licensed Melbourne-based advisory firm Cranage Financial Group. ...

Financial planning • 8 September 2021

Acquisitions helped Macquarie Asset Management grow its assets under management by 22% but base fees and performance fees were both down during FY21....

Funds management • 8 September 2021

The Federal Court has found that it made false or misleading representations to members to avoid them moving to the MySuper product....

Superannuation • 8 September 2021

Impact investor Melior Investment Management has welcomed calls for executive leadership gender targets as only 6% of ASX300 had female chief executives....

Funds management • 8 September 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 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 6 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”....

2 weeks 6 days ago