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

People & Products • 9 August 2021

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...

Financial planning • 9 August 2021

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....

People & Products • 9 August 2021

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

Funds management • 10 August 2021

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...

Financial planning • 10 August 2021

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...

People & Products • 10 August 2021

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 ...

Funds management • 10 August 2021

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...

Financial planning • 10 August 2021

AustralianSuper’s chief investment officer had a total remuneration of $1,705,837 in the 2019/20 financial year....

Superannuation • 10 August 2021

Contrary to wider adviser sentiment, one adviser has high hopes for the industry’s future and believes the next few years will only get better....

Financial planning • 10 August 2021

After 18 years with the company Richard Howes will step down from his role as managing director and chief executive in March 2022. ...

People & Products • 10 August 2021

Challenger repositioned its investment portfolio during the pandemic which included holding higher levels of cash and liquid assets and enhanced its business risk setting...

Funds management • 10 August 2021

The corporate regulator found responsible entities handled the challenges of illiquid asset valuation during the early stages of the COVID-19 pandemic well, but there are...

Funds management • 10 August 2021

As only a fraction of the population receives financial advice, overcoming media perception is the most challenging factor in building trust with the broader community, a...

Financial planning • 11 August 2021

The opposition has said the Government’s financial reforms have caused uncertainty and unnecessary costs for thousands of financial advisers....

Financial planning • 11 August 2021

Employing younger advisers can provide a pathway for succession planning as well as help firms fill gaps left by older advisers exiting the industry....

Financial planning • 11 August 2021

The corporate regulator has revealed how much it has spent on its unmet advice needs project and that it does not intend to release the 466 submissions to its access to a...

Financial planning • 11 August 2021

The buyback compared to one of $2.5 billion by NAB and $1.5 billion by ANZ as the firm announced net profit after tax of $8.8 billion....

Financial planning • 11 August 2021

Farhan Faruqui will move from leading the international business to replace Shane Buggle who will retire from the position in October....

People & Products • 11 August 2021

Iress has been approached a third time by EQT Fund Management to acquire all its shares and its board intends to recommend that shareholders vote in favour of the proposa...

Funds management • 11 August 2021
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

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

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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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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...

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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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