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AMP will close its involvement in life insurance in Australia and New Zealand with the divestment of its equity interest in Resolution Life Australasia for $524 million....

Life/Risk • 3 November 2021

Ultiqa Lifestyle Promotions is being sued by the corporate regulator for providing financial advice that was not in customers best financial interest....

Policy & Regulation • 3 November 2021

Munro Partners and GSFM have launched the Munro Climate Change Leaders Fund which will focus on clean energy, clean transport, energy efficiency and circular economy....

People & Products • 3 November 2021

The Financial Advisers Standards and Ethics Authority is seeking feedback to better align Standard 3 to its intent in the code of ethics guide. ...

Policy & Regulation • 3 November 2021

Fiducian Financial Services has acquired People’s Choice Credit Union’s $1.1 billion financial planning business. ...

Financial planning • 3 November 2021

It has asked whether Senator Jane Hume’s and Treasurer Josh Frydenberg’s pre-political careers in the banking industry create a conflict of interest....

Policy & Regulation • 4 November 2021

The Aged Care Steps Accredited Aged Care Professional program will be available as an elective unit which can lead to eligibility for the Financial Planning Association o...

Financial planning • 4 November 2021

The decision by Commonwealth Bank to offer cryptocurrency is a sign that the asset is moving away from being viewed as an “illegitimate fringe pursuit”, according to Sena...

Funds management • 4 November 2021

While the US has “warmed up” to the theme of environmental, social and governance investment, many of the companies on offer in the country are “grossly overvalued”, acco...

Funds management • 4 November 2021

The regulatory environment in Australia is preventing innovation in the financial advice industry, according to abrdn....

Financial planning • 4 November 2021

The continual repetition of the phrase ‘past performance is no guarantee of future performance’ is at odds with a “blunt” superannuation performance test based entirely o...

Superannuation • 4 November 2021

Longwave Capital Partners has announced the appointment of Melinda White as portfolio manager, bringing 20 years of buy-side investment experience to the firm....

People & Products • 4 November 2021

AZ NGA-backed Wealthwise has acquired Complete Financial Solutions, marking the 10th deal in as many years for the holistic advisory firm....

People & Products • 4 November 2021

The Australian Securities and Investments Commission has obtained Federal Court orders against unlicensed investment scheme, A One Multi Services. ...

Financial planning • 4 November 2021

A Queensland-based financial adviser has been banned for encouraging clients to switch into a high-risk investment fund which was not in their best interests....

Financial planning • 4 November 2021

Aviva Investors has identified six key themes affecting emerging markets which have emerged as a result of the pandemic and debt burden in the region....

Funds management • 5 November 2021

Failure by the regulator to approve cryptocurrency exchange traded funds could lead to investors accessing riskier, unprotected options....

Funds management • 5 November 2021

Looking away from traditional resources to those which are more ESG-friendly such as lithium can lead to strong returns for investors with lithium producers among the bes...

Funds management • 5 November 2021

At the 2021 United Nations Climate Change Conference, global asset manager abrdn has announced its plan to decarbonise its portfolio by 50% by 2030 and engage with the in...

Funds management • 5 November 2021

Client demand is driving advisers use of environmental, social and governance investment but the majority lack a clear policy on their ESG values....

Funds management • 5 November 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 2 days 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 2 days 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 4 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 3 days 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 1 day ago