The corporate regulator’s contracts for difference product intervention order now allows maximum leverage available to retail clients to range from 30:1 to a 2:1 dependin...
Industry funds who have sponsored a major television advertising campaign against the Government’s Your Future, Your Super legislation have been accused of seeking to bul...
A Parliamentary Committee has heard questioning around whether regulatory costs are now so high that financial advisers will not take on clients with less than $1 million...
The non-bank corporate lender has made several appointments to its investment team, including a new investment director....
When building a portfolio, managers may find there is an ‘optimum’ number of positions, writes Chris Bedingfield, where holding too many can have a negative effect....
The gross domestic product growth in Australia is likely to be lower than most other developed nations this year, according to Russell Investments’ global outlook....
Investors are fixated on the growth of Tesla at the expense of other electric vehicle manufacturers, according to Antipodes....
Three exchange traded funds from VanEck have been added to AustralianSuper’s Member Direct platform, making them available to 2.2 million members....
State and territory governments are being urged to adopt consistent power of attorney laws to prevent elder financial abuse, as they meet today regarding a scope for a na...
Although research houses tend to take a case-by-case approach, it’s usually not the fund performance but movement of the key personnel and client business that leads to c...
The industry needs to simplify the way it presents advice to clients as statements of advice can increase anxiety for consumers and does not build trust, according to a p...
The Australian Financial Complaints Authority should have no involvement in ongoing investigations into systemic issues and should cede the role to ASIC, according to the...
The Federal Treasury has been told that in circumstances where the Australian Financial Complaints Authority is hearing matters involving wholesale clients and can make b...
Ben Donohue has been appointed state manager for Queensland, starting after Easter....
Around 80% of people aged 60 who died between 2014 and 2018 had no superannuation in the period of up to four years before their death, according to research....
Helen Murdoch has been appointed as sales and commercial acceleration leader and Saranne Brodrick as chief strategy officer, both newly-created roles....
The new breach reporting regime which is due to commence on 1 October, 2021, has an expanded significant test and will require licensees to lodge a report within 30 days ...
Markets will move towards a ‘Roaring 20s’ style with higher cash balances, high savings ratio, increased net housing wealth, and lower household debt, indicating a multi-...
The unintended consequences of new regulation can be costly without really benefitting the consumer, as consumers instead become inundated with overbearing regulatory inf...
The Government has been warned that its new stapling arrangements for superannuation funds may see unscrupulous players hawking underperforming products to new job entran...
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?...