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The temporary measures that allowed companies and their officers to only be liable for civil penalty proceedings where they acted with “knowledge, recklessness or neglige...

Policy & Regulation • 11 August 2021

Infrastructure as an asset class has a potential to outperform the MSCI World ex Australia by three percentage points per annum for the next three years, according to Van...

Funds management • 12 August 2021

The Antipodes Global Investment Company has become the latest listed investment company to seek to exit the structure as it has been trading at a discount to its net tang...

Funds management • 12 August 2021

Advisers have no obligation to help their clients find a new adviser if they lose their qualification because they did not pass the Financial Adviser Standards and Ethics...

Financial planning • 12 August 2021

AMP’s wealth management arm has seen a decrease in its net profit after tax thanks to the impact of advice practice impairments, pricing and legislative changes....

Funds management • 12 August 2021

The education authority is sitting on several questions on notice by senators regarding exam feedback, support for financial advisers, and pathways into the profession....

Financial planning • 12 August 2021

Commonwealth Bank costs related to aligned advice remediation have surpassed $1 billion while it has increased Count remediation for a second time in less than six months...

Financial planning • 12 August 2021

Advisers looking to sell their business as they exit the industry are likely to have to sell at a lower price than they expected because of the uncertain environment....

Financial planning • 12 August 2021

Interim chief executive Anthony Wamsteker will be made permanent, with a $600,000 base salary and up to a 50% performance bonus....

People & Products • 12 August 2021

Jacaranda Financial Planning, a Sydney and Melbourne-based boutique wealth advisory firm with almost $1 billion in funds under advice, has been acquired by Perpetual....

Financial planning • 12 August 2021

RIAA board member and former HESTA senior responsible investment adviser, Daniela Jaramillo, has been appointed to the newly-created role....

People & Products • 12 August 2021

ASIC will take a reasonable approach in the early stages of the reforms arising from the Royal Commission provided industry participants are using their best efforts to c...

Financial planning • 12 August 2021

Monica Kaur and MKS Property Investments/Developments are alleged to have operated an unregistered managed investment scheme and provided unlicensed financial advice to c...

Financial planning • 12 August 2021

There are three sectors which could see increased merger and acquisition activity this year, according to Wealth Within’s Dale Gillham, as companies seek to utilise exces...

Funds management • 13 August 2021

To achieve this target in time, two-thirds of future investment management team hires will need to be women....

People & Products • 13 August 2021

While several companies are potential merger and acquisition targets, much of this is ‘opportunistic’ targeting of businesses impacted by COVID-19 so investors would be u...

Funds management • 13 August 2021

The Stockbrokers and Financial Advisers Association has welcomed the announcement from the corporate regulator regarding its “reasonable approach” in the early stage of t...

Financial planning • 13 August 2021

With the IPCC releasing a worrying report on climate change, can investment in the oil majors be justified and how can investors work with them to improve their practices...

Funds management • 13 August 2021

To increase gender diversity in key decision makers in asset management, a deliberate and focused strategy is needed, according to a panel....

Funds management • 13 August 2021

As the US announces a US$1 trillion infrastructure bill, many infrastructure funds are offering investors double-digit gains....

Funds management • 13 August 2021
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MARKET INSIGHTS

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

1 week 3 days ago

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

2 weeks 3 days ago

So we are now underwriting criminal scams?...

6 months 3 weeks ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

1 week 5 days ago

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...

3 weeks 4 days ago

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 ...

2 weeks 2 days ago