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Funds under management at Magellan have fallen to $68.6 billion in April although there was a slight uptick in its infrastructure division....

Funds management • 5 May 2022

Forager is disappointed by the sale of Twitter to Tesla founder Elon Musk as it believes the company is more valuable than Musk’s purchase price and has not reached its f...

Funds management • 5 May 2022

Targeting new demographics and trends as well as centralising technology solutions is on the cards for platforms over the next few years, according to some of the largest...

Financial planning • 5 May 2022

The number of buyers for financial planning firms is at record highs but sellers should be aware it can take up to three years for them to fully exit a business. ...

Financial planning • 5 May 2022

In an Australian first, the Federal Court has found RI Advice breached its license obligations to act efficiently and fairly when it failed to have adequate risk manageme...

Financial planning • 5 May 2022

Colonial First State has appointed EOS at Federated Hermes as its global stewardship provider to provide engagement, voting and public policy support for its global equit...

People & Products • 6 May 2022

There is huge disparity between property sectors as the world comes out of the pandemic and Australians may be disadvantaged by the ASX’s weighting to retail commercial p...

Funds management • 6 May 2022

Advice practices using managed accounts are achieving significant profit gains compared to their non-using peers, according to research from Praemium....

Financial planning • 6 May 2022

The financial threshold test should be removed, according to Super Consumers Australia and a leading consumer advocacy lawyer, as measuring net worth is an unreliable ind...

Financial planning • 6 May 2022

RI Advice may have avoided a penalty for its breach of cybersecurity risks but future breaches could incur a penalty as high as $525 million, according to the regulator....

Financial planning • 6 May 2022

The merger between superannuation funds Hostplus and Statewide Super has caused a busy week for adviser movements with only a net of five advisers leaving the industry th...

Financial planning • 6 May 2022

GQG has seen funds under management fall in April, falling from US$92.9 billion (AU$130.4 billion) to US$90.4 billion over the month....

Funds management • 9 May 2022

David Evans, founder of Evans & Partners, will step down as executive chairman later this year but will contribute to the firm’s strategic direction as non-executive chai...

People & Products • 9 May 2022

Lifespan Financial Planning has penned an open letter to Prime Minister Scott Morrison and Opposition leader Anthony Albanese, setting out four key issues it would like t...

Financial planning • 9 May 2022

It is important to consider geopolitics within ESG but fund managers should be wary of letting their views be too swayed by politics, according to Stewart Investors, Davi...

Funds management • 9 May 2022

Comprehensive advice offerings in superannuation funds have seen a steady decline over the last few years in favour of referral process while scaled advice has stayed fai...

Superannuation • 9 May 2022

The Association of Financial Advisers has outlined the key levers it will be targeting to reduce regulatory uncertainty in its submission to the Quality of Advice Review....

Financial planning • 9 May 2022

Former chief executive of the Financial Planning Association of Australia, Dante De Gori, has taken up a new position. ...

People & Products • 9 May 2022

PIMCO has appointed Samuel Watkins as executive vice president, head of business, Australia and New Zealand. ...

People & Products • 10 May 2022

Australia’s four major banks have delivered $14.4 billion in combined headline cash earnings for the 2022 half year, up $700 million or 5.1% from 2021 half year results....

Funds management • 10 May 2022
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 6 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 4 days ago

A former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

2 weeks 4 days ago