Compliance and regulation have been touted as the biggest reasons for the increase in advice costs and the Government needs to hold the bodies responsible accountable for...

Industry Super Australia say changes on the performance test is a backflip by the Government, while AMP praised the move as they believe funds will be judged on their cur...

First Sentier Investors has announced the launch of the Responsible Listed Infrastructure fund to Australian institutional and wholesale investors....

The Your Future, Your Super regulation will finally make the much-debated stapling measurements a “reality” for members and encourage competitiveness between superannuati...

While the September quarter will see negative growth, the Reserve Bank of Australia believes it is “unlikely” to see two negative growth quarters as people get vaccinated...

The Government will seek feedback on when the corporate regulation must convene a Financial Services and Credit Panel and the type of sanctions to include on the financia...

One-in-four advice firms are using 15 different advice technology tools, presenting an opportunity to consolidate to improve the client digital experience, especially for...

Already having difficulties accessing advice, stapling could add to the challenges younger generations face in getting the right financial products....

Insurance profit after tax saw 42.4% growth during FY20 as it exited underperforming products while its wealth business was sold to LGIAsuper....

After previously trying to depart last year, Melos Sulicich, chief executive of MyState Bank will be leaving at the end of the year....

The sale of Westpac Life Insurance Services sees the bank’s exit manufacturing life insurance products and would release capital back to the bank. ...

Ben Hillier has been appointed as general manager – retirement solutions and will lead AMP’s development of financial solutions across the AMP Australia business....

Shareholders at Clime Investment Management have voted to remove former chair Neil Schafer from his position as a director at the firm....

Wael Kourieh pleaded guilty to forging 30 member signatures on AMP superannuation investment election forms which would let him obtain financial advantage for himself via...

Shannon Bernasconi, co-founder and managing director of WealthO2, has left the firm with her role being taken over by chief distribution officer Andrew Whelan....

Alternative investment manager has announced the launch of its debt income fund with 5% to 7% per annum target return....

Online security trading is on the rise thanks to the COVID-19 pandemic and 10% of traders say they intend on investing in digital currencies over the next 12 months, acco...

Andrew Creber, Asia Pacific deputy chief administrative officer, has been appointed as chief executive for Australia and New Zealand after Rachel Farrell left the firm la...

A pair of State Street Global Adviser funds were the first exchange traded funds to launch on the exchange and Money Management looks at what those investments are worth ...

The Financial Adviser Standards and Ethics Authority has confirmed that one question has been removed as it disadvantaged those candidates who use English as their second...