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Advisers now have a potential market of almost 300,000 high net worth individuals to target, a rise of 4%, according to Capgemini, but a move is needed to a hybrid model ...

Financial planning • 30 June 2021

Practices that will lose or are at risk of losing advisers next year will need to start recruiting now for a smoother handover for clients next year....

Financial planning • 30 June 2021

There are far fewer adviser businesses up for sale than is to be expected given the adviser exodus as firms seek acquisition opportunities. ...

Financial planning • 30 June 2021

Daniel Proietto has been appointed as Victorian regional manager for Fitzpatricks Private Wealth....

People & Products • 30 June 2021

Former Ignition Advice chief executive, Manish Prasad, has taken a new role as head of asset management-Asia Pacific at Saxo Markets as the firm expands its offering....

People & Products • 30 June 2021

The Australian Securities and Investments Commission is seeking feedback on proposals about exchange traded products and other investment products that provide investors ...

Funds management • 30 June 2021

The corporate and prudential regulators have put superannuation trustees on notice that they can expect a further follow up on their advice fee practices and that they ex...

Superannuation • 30 June 2021

The corporate regulator has released a consultation on proposed amendments to market integrity rules, which will close on 6 August....

Policy & Regulation • 30 June 2021

Portfolio construction in the new world will take investors deeper into fast-growing sectors, such as energy transition and healthcare innovation, invest across private m...

Funds management • 1 July 2021

A Senate committee has slammed the Government’s bill on continuous disclosure requirements, describing the measure as a “textbook example of how Governments should not de...

Policy & Regulation • 1 July 2021

Wrongdoing by bank executives will continue to go unpunished if the Government does not legislate the Compensation Scheme of Last Resort and Financial Accountability Regi...

Policy & Regulation • 1 July 2021

The creators of cryptocurrency fund Monochrome have praised the regulator’s consultation into cryptocurrency strategies as it considers launching a Bitcoin exchange trade...

Funds management • 1 July 2021

Over 70% of advisers are using or plan to use managed accounts, but advisers aren’t following through on maximising clients’ funds in them, according to Evergreen Consult...

Financial planning • 1 July 2021

The next 12 months will see more clients being orphaned as advisers struggle to justify certain clients under the ongoing fee arrangements, according to Lifespan. ...

Financial planning • 1 July 2021

The corporate regulator has released a consultation paper on remaking a class order outlining when debentures can be called secured notes....

Policy & Regulation • 1 July 2021

As previously announced, Allianz will enter into an exclusive 20-year agreement for the distribution of general insurance products to Westpac’s customers....

Life/Risk • 1 July 2021

In a move to expand its adviser client base, Milford Asset Management has lowered its flagship fund fee for advisers to 0.9% per annum....

Funds management • 1 July 2021

The initial public offering saw Link’s property arm raise an enterprise value of $3.3 billion....

Superannuation • 1 July 2021

The formerly industry super-owned bank has been sold for a cash consideration of $1.325 billion....

Financial planning • 1 July 2021

The acquisition of the second-largest stock exchange in Australia has been completed, with Cboe planning to add proprietary products to the exchange....

Funds management • 1 July 2021
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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...

1 week 5 days ago

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

2 weeks 4 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

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

1 week 6 days ago

A professional year supervisor has been banned for five years after advice provided by his provisional relevant provider was deemed to be inappropriate, the first time th...

3 weeks 5 days ago

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 ...

2 weeks 3 days ago