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Administration fees on Choice products are 40% higher than for MySuper products, according to the regulator, with a $100,000 balance paying $391 per annum....

Superannuation • 28 October 2021

While there could be additional Chinese regulatory change in the future, according to American Century, the asset manager believes the most stringent changes “may be behi...

Funds management • 29 October 2021

In the lead-up to the 2021 UN Climate Change Conference (COP26), three asset management firms operating in Australia have provided updates to the status of their net zero...

Funds management • 29 October 2021

Facebook is a case of “show over substance” in its failure to act on environmental, social and governance issues, according to Bell Asset Management....

Funds management • 29 October 2021

Investors are ignoring a major upcoming change that could “wreak havoc” on markets, according to Munro Partners’ chief investment officer, Nick Griffin....

Funds management • 29 October 2021

Although returns have been strong across asset classes, the question remains whether market strength has been “built on a foundation of sand”, according to Maple-Brown Ab...

Funds management • 29 October 2021

Bell Asset Management chief executive, Nick Fels, has been appointed as a board director by the Financial Services Council....

People & Products • 29 October 2021

Following the release of Choice super data, the Australian Institute of Superannuation Trustees is calling for the Government to amend legislation to prevent any member b...

Superannuation • 29 October 2021

In the lead-up to the 2021 UN Climate Change Conference (COP26), three asset management firms operating in Australia have provided updates to the status of their net zero...

Funds management • 29 October 2021

The minister for financial services, superannuation and the digital economy, Jane Hume, is encouraging advisers to register for the November exam as the extension will on...

Financial planning • 29 October 2021

To allow the compensation scheme of last resort to commence as soon as possible, the Government will fund it for the first year with an industry levy to follow....

Policy & Regulation • 29 October 2021

Australia’s net zero by 2050 commitment is merely “a ticket to the party” and its reliance on future technology is concerning as much of it is not yet commercially viable...

Funds management • 29 October 2021

The corporate regulator is waiting to finalise its contract with the financial adviser exam facilitator before publishing information about exams to be held next year....

Financial planning • 29 October 2021

Five of the 13 funds that failed the performance test are in merger talks and the prudential regulator is looking at ways to simplify the merger process. ...

Superannuation • 29 October 2021

The combined adviser losses at AMP and IOOF year-to-date is at 171 compared to 143 for all other licensees....

Financial planning • 29 October 2021

Outsider drew a sharp breath while monitoring the Australian Securities Exchange and noticed that IOOF had announced that it would rebrand....

Outsider • 29 October 2021

Improved trading conditions has seen Macquarie Group’s net profit to grow to $2,043 million in 1H22, representing a 107% growth on 1H21. ...

Financial planning • 29 October 2021

Outsider gives his congratulations to asset manager GQG which floated on the Australian Securities Exchange last month with a market cap of $5.9 billion....

Outsider • 29 October 2021

After years discussing the ins and outs of superannuation, Tim Wilson, has been thrown in the deep end with his new Parliamentary role, defending the Government’s controv...

Outsider • 29 October 2021

After a shock 350% performance fees spike in the second quarter, Janus Henderson has reported fees in the third quarter were less than $1 billion....

Funds management • 29 October 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...

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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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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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