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Being too slow to process an investment change is an example of bad governance, according to a superannuation panel, and one fund could have missed $90 million in returns...

Superannuation • 2 September 2021

The corporate watchdog has said there was an outstanding amount of $2.4 million unpaid by the financial advice sector on its total regulatory cost of $59.59 million durin...

Financial planning • 2 September 2021

The corporate regulator intends to monitor members from underperforming super funds from being swayed into an untested fund that is in reality performing worse, however i...

Superannuation • 2 September 2021

A reduction in Chinese exposure has led Magellan to make its first investment into Amazon after watching it closely for a long time....

Funds management • 2 September 2021

The prudential regulator is open to improving the system, particularly as it expects to include Choice products next year, but it wants to keep it simple for consumers....

Superannuation • 2 September 2021

The corporate regulator is reviewing select finfluencers to understand their business models and how the financial services laws apply to their activity....

Financial planning • 2 September 2021

The corporate regulator will act if it sees false, misleading or deceptive conduct in member disclosures of all super funds – not just those that failed the performance t...

Superannuation • 2 September 2021

The corporate watchdog has said there was an outstanding amount of $2.4 million unpaid by the financial advice sector on its total regulatory cost of $59.59 million durin...

Financial planning • 2 September 2021

Mark Lazberger, former chief executive of Colonial First State Global Asset Management, has been elected chair of the CFA Institute board of governors....

People & Products • 2 September 2021

Individuals who withdrew money from their superannuation under the early release of super scheme can now re-contribute without it counting towards their non-concessional ...

Superannuation • 2 September 2021

Investors should not underestimate the speed and magnitude of an upturn, with commercial office vacancy rates expected to drop sharply in the next two years across Austra...

Funds management • 3 September 2021

ETF Securities has launched its latest thematic exchange traded fund dedicated to semiconductors, a niche area with only four other ETFs holding exposure to the sector....

Funds management • 3 September 2021

In partnership with the Financial Planning Association, 10 scholarships will be awarded to students that identify as female....

Financial planning • 3 September 2021

Responsible funds are outperforming in the international share and multi-sector growth but less so in Australian equities, according to a report....

Funds management • 3 September 2021

Product issuers and distributors need to be careful with what incentives apply to distributors who sell products to those target customers, according to EY....

Policy & Regulation • 3 September 2021

The legislation will improve visibility of superannuation assets in family law proceedings, allowing the Australian Taxation Office to release super information in family...

Superannuation • 3 September 2021

The funds that failed the performance test need to figure out their options by the end of the year and most funds will likely not recover. ...

Superannuation • 3 September 2021

How much money is made is more important than how it is made, according to AustralianSuper chief investment officer, Mark Delaney, as many superannuation funds struggle t...

Superannuation • 3 September 2021

Only 39% of those who were resat the Financial Adviser Standards and Ethics Authority’s exam in July passed it, compared to the overall pass rate of 60%, according to Wea...

Financial planning • 3 September 2021

Maybe it was the groundhog-like nature of lockdown getting the better of him or maybe there was some dust in his eye, but Outsider felt oddly emotional watching the lates...

Outsider • 3 September 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 1 day 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 1 day ago

So we are now underwriting criminal scams?...

6 months 2 weeks ago

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

1 week 3 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 1 day 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 ago