The Financial Adviser Standards and Ethics Authority has clarified what advisers should do if they did not pass the exam before 2022 or if they ceased to be a relevant pr...
New business premiums for individual disability income insurance will drop 15% due to the prudential regulator’s product intervention measures, according to DEXX&R projec...
There have been 333 unsuccessful candidates who requested a re-mark for the Financial Adviser Standards and Ethics Authority exam but only 28 have seen a change in result...
Failing to ensure clients understand risk profile questionnaires can mean advisers fail the ‘know your client’ obligation and leave them open to a complaint with only a 3...
Servicing retail clients has become more and more risky for several advice groups due to the complex compliance requirements....
In its half year results, the firm attributes the decline to advisers migrating to independent advice firms....
Perpetual Private has recorded net flows of $783 million, which includes over $400 million from its adviser growth strategy, but Perpetual Limited’s net profits after tax...
EQT Holdings has announced a 43% year-on-year growth in funds under management, administration and supervision to $144 billion for the year. ...
Peter Loehnert has been appointed head of iShares and index investments for Asia-Pacific, commencing from the start of October....
The amendment instrument that scraps the three-month registration requirement for the November 2021 exam has been registered and registrations for the exam are now open....
The potential merger of BHP and Woodside’s oil and gas divisions would create Australia’s largest energy manager but a focus on fossil fuels is out of touch with global E...
Perpetual Asset Management Australia has indicated it will launch active exchange traded funds this year, as the firm benefitted from the shift to value investing....
The uncertainty around Australia’s COVID-19 policy and the likely date to exit lockdown is likely to prove a “serious headwind” for the Australian economy, according to T...
There is an extra $124 billion sitting in cash in banks since the pandemic and advisers have a job to do to encourage investors to put this back into markets....
Domestic and global shares and bonds boosted the median growth superannuation fund during July, and the cumulative return since the COVID-19 sell-off in March 2020 is now...
Responsible investment firms need to make sure they are following a framework that has comprehensive long-term goals, rather than following a cookie cutter approach that ...
Research from SuperRatings highlights how much worse off a super balance could be worth if it makes permanent decisions based on short-term market moves, showing the valu...
The prudential regulator is collecting more granular data on insurance premiums given the deteriorating experience in individual disability income insurance. ...
Building a relationship with clients for the long-term is more important than regulatory change if advisers want to stay in business, according to a panel of advisers. ...
Advisers need to work on better communicating the intangible benefits brought about by advice if they want potential clients to value their service. ...
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?...