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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

Global indices which exclude fossil fuels have outperformed those which include them but this is not the case for Australia thanks to companies such as Whitehaven Coal se...

Funds management • 2 July 2021

Lennox Capital Partners has ruled out investing in Nuix as it is “too early in its turnaround” after its troubled IPO last December....

Funds management • 2 July 2021

Cryptocurrency investment house Monochrome is planning to launch Australia’s first Bitcoin exchange traded fund, as the regulator launches a consultation on cryptocurrenc...

Funds management • 2 July 2021

Magellan High Conviction Trust is set to transition from a listed investment company to an active exchange traded fund in a bid to reduce its discount....

Funds management • 2 July 2021

Travel stocks may be recovering but investors will need to be very selective as some may have added substantial debt to their balance sheets to survive the pandemic. ...

Funds management • 2 July 2021

Active investors can take advantage of the expanding technology market in the country and the fact that Chinese bonds have a low correlation to other markets, according t...

Funds management • 2 July 2021

Further changes to the consumer data rights have been released for consultation, including the way in which data is shared with professional advisers....

Policy & Regulation • 2 July 2021

Magellan chair and lead portfolio manager, Hamish Douglass, has seen his remuneration increase to $2.73 million, despite significant underperformance by his flagship Mage...

Funds management • 2 July 2021

Sequoia Financial Group has launched a family office business and acquired client books of Macro Investment Advisory. ...

Financial planning • 2 July 2021

HESTA, Women in Super and the Australian Institute of Superannuation Trustees are among the organisations who have requested the Government pass the legislation with urge...

Superannuation • 2 July 2021
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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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