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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...

Financial planning • 19 August 2021

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...

Life/Risk • 19 August 2021

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...

Financial planning • 19 August 2021

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...

Financial planning • 19 August 2021

Servicing retail clients has become more and more risky for several advice groups due to the complex compliance requirements....

Financial planning • 19 August 2021

In its half year results, the firm attributes the decline to advisers migrating to independent advice firms....

Funds management • 19 August 2021

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...

Funds management • 19 August 2021

EQT Holdings has announced a 43% year-on-year growth in funds under management, administration and supervision to $144 billion for the year. ...

Funds management • 19 August 2021

Peter Loehnert has been appointed head of iShares and index investments for Asia-Pacific, commencing from the start of October....

People & Products • 19 August 2021

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....

Financial planning • 19 August 2021

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...

Funds management • 20 August 2021

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....

Funds management • 20 August 2021

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...

Funds management • 20 August 2021

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....

Funds management • 20 August 2021

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...

Superannuation • 20 August 2021

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 ...

Funds management • 20 August 2021

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...

Superannuation • 20 August 2021

The prudential regulator is collecting more granular data on insurance premiums given the deteriorating experience in individual disability income insurance. ...

Life/Risk • 20 August 2021

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. ...

Financial planning • 20 August 2021

Advisers need to work on better communicating the intangible benefits brought about by advice if they want potential clients to value their service. ...

Financial planning • 20 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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So we are now underwriting criminal scams?...

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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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