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ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....

Superannuation • 27 June 2022

While bargains are less obvious than in March 2020, there are still opportunities in markets for a well-diversified portfolio....

Funds management • 27 June 2022

The prudential regulator is pushing for superannuation funds to merge to deliver member benefits but some are facing ‘consolidation indigestion’ in the process....

Superannuation • 27 June 2022

Magellan has exited its stake in restaurant chain Guzman y Gomez, selling its 11.6% stake for $140 million....

Funds management • 27 June 2022

Treasurer Jim Chalmers has warned inflation in Australia “will be worse before it gets better”....

Funds management • 27 June 2022

Companies looking to make acquisitions of financial advice firms are seeking those which have specialisations or a positive business culture rather than just a large clie...

Financial planning • 27 June 2022

Centrepoint Alliance has issued a response to the takeover bid by Diverger but believes the offer fails to fairly reflect the firm’s strategic value....

Financial planning • 27 June 2022

An Adelaide financial adviser has been charged with falsifying company books following an ASIC investigation....

Financial planning • 27 June 2022

ASIC has sought to freeze the assets of Ashley Vincent Arandez who is alleged to have obtained $2.5 million from investors by suggesting their funds would be invested in ...

Financial planning • 28 June 2022

AMP Ltd has appointed former J.P. Morgan Chase managing director, Andrew Best, to its board as a non-executive director....

People & Products • 28 June 2022

Self-managed superannuation fund establishments have reached a three-year high, according to Investment Trends, with the percentage of advisers assisting in establishment...

SMSF • 28 June 2022

New business for disability income insurance has grown 2.5% after reaching a 10-year low last year while the attrition rate has grown for the first time in nine years....

Life/Risk • 28 June 2022

In honour of this final edition, Outsider has been looking at the very first Money Management issue and what caught his eye back in the day....

Outsider • 28 June 2022

Thinking back, Outsider can fondly remember his early days at Money Management; sitting at his desk in a smoky office wearing a wide pinstriped, double-breasted suit and ...

Outsider • 28 June 2022

After attending his first interstate work conference since the start of the pandemic, Outsider returned home a battered man....

Outsider • 28 June 2022

Paul Strano writes how the global rising rate environment will affect yields offered by Australian fixed income assets and which areas investors could consider....

Expert Analysis • 28 June 2022

North has lowered the maximum administration fees for a MyNorth investment account as it targets the financial adviser market....

People & Products • 29 June 2022

Crowding by investors into defensive stocks means they cease to be defensive, according to Platinum, but certain global consumers stocks still look attractive....

Funds management • 29 June 2022

Removing Design and Distribution Obligations for providers of personal advice is a key recommendation in the Institute of Managed Professionals’ submission to the Quality...

Financial planning • 29 June 2022

The Association of Financial Advisers says it has received positive signs from the minister for financial services, Stephen Jones, that he is very willing to help fix the...

Financial planning • 29 June 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 4 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 3 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

4 weeks 1 day ago