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...
The creators of cryptocurrency fund Monochrome have praised the regulator’s consultation into cryptocurrency strategies as it considers launching a Bitcoin exchange trade...
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...
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. ...
The corporate regulator has released a consultation paper on remaking a class order outlining when debentures can be called secured notes....
As previously announced, Allianz will enter into an exclusive 20-year agreement for the distribution of general insurance products to Westpac’s customers....
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....
The initial public offering saw Link’s property arm raise an enterprise value of $3.3 billion....
The formerly industry super-owned bank has been sold for a cash consideration of $1.325 billion....
The acquisition of the second-largest stock exchange in Australia has been completed, with Cboe planning to add proprietary products to the exchange....
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...
Lennox Capital Partners has ruled out investing in Nuix as it is “too early in its turnaround” after its troubled IPO last December....
Cryptocurrency investment house Monochrome is planning to launch Australia’s first Bitcoin exchange traded fund, as the regulator launches a consultation on cryptocurrenc...
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....
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. ...
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...
Further changes to the consumer data rights have been released for consultation, including the way in which data is shared with professional advisers....
Magellan chair and lead portfolio manager, Hamish Douglass, has seen his remuneration increase to $2.73 million, despite significant underperformance by his flagship Mage...
Sequoia Financial Group has launched a family office business and acquired client books of Macro Investment Advisory. ...
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...
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?...