Gore was sentenced for self-managed super fund fraud last year and will be tried next month for three further charges....
Lumiant will delete all material related to its Confidence Questionnaire off its platform and will inform all clients of the breach....
Take-up of managed accounts is expected to increase in the next 12 months as more products are added to the MyNorth and Macquarie Wrap platforms....
The Reserve Bank of Australia is six months ahead of the Federal Reserve, according to J.P. Morgan Asset Management, meaning interest rates could rise as early as 18 mont...
The prohibition of hawking superannuation funds only applies to offers made to retail clients, according to the corporate regulator....
Microsoft is as close to a staple as you can find today and there are better opportunities than buying a bond, according to Munro Partners....
If there is a post on a superannuation fund’s social media platform from a member about withdrawing communication consent, then the fund must take steps to ascertain the ...
Funds should be wary of holding high allocations to Chinese companies as Magellan implements risk controls after being “overconfident” and allowing its Alibaba allocation...
The rise in financial planners selling their business after the Royal Commission has led to a financial planning consultancy firm to launch an ‘exit strategy’ program....
With the share price of Pinnacle up more than 800% over the last five years, why are asset managers reluctant to invest in their competitors?...
Income investors can be reassured that dividends are returning, according to Redpoint, but banks won’t reach their pre-COVID levels until 2023 unless they spend to fight ...
There are quality assets for sale in the financial advice space, according to AZ Next Generation Advisory, and competition is set to increase until the educational standa...
As they make up only a fraction of complaints to the Australian Financial Complaints Authority, advisers should not be relied on to fund the compensation scheme of last r...
Given the ongoing ultra-low numbers of new advisers entering the industry post 2018, adviser losses equate to around 760 advisers each year since, according to Wealth Dat...
Outsider was amused when he caught wind that ex-Centrepoint Alliance CEO Angus Benbow had surfaced at a place one might call ‘worlds apart’ from his previous firm....
Outsider was shocked to hear during a Parliamentary committee that consuming financial news was not recommended as a substitute for obtaining professional financial advic...
The acquisition of the US investment manager will double its US funds under management and total group funds under management is now around $140 billion....
Another day and another board appointment for Michael Dwyer and Outsider wonders where he finds the time. ...
Taking a long/short approach can pay off for investors, writes Jun Bei Liu, as they make increased allocations to alternatives....
The last quarter of the financial year saw the investment manager’s assets under management rise to $98.3 billion, and its funds under advice increase 6%....
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?...