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A cryptocurrency-themed exchange traded fund from BetaShares has broken records after trading almost $40 million in its first day of trading on the Australian Securities ...

Funds management • 5 November 2021

The financial advice industry has move to past its unconscious bias that leaves women in support roles or not entering the industry, according to a panel....

Financial planning • 5 November 2021

The number of advisers dropped this week by 59 to 18,764 as AMP Financial Planning fell to second spot....

Financial planning • 5 November 2021

The education authority is considering amending the problematic Standard 3, but its wording in the consultation paper suggests it prefers the second option, according to ...

Financial planning • 5 November 2021

Investment firm Carlyle Group has offered to buy all Link Group shares at $5.38 per share in a conditional proposal....

Funds management • 5 November 2021

Funds under management at Pendal have risen to almost $140 billion although sub-advised channels contributed to outflows as clients took profits....

Funds management • 5 November 2021

Clarity and certainty has been given around when records of advice can be used instead of a statement of advice....

Financial planning • 5 November 2021

Allocators rotated out of fixed income and into equity in November in anticipation of changes to monetary policy this month, according to EPFR....

Funds management • 8 November 2021

Moody’s has downgraded its ratings to AMP Group Holdings and AMP Group Finance Services due to the smaller capital and earnings base post the demerger of its private mark...

Funds management • 8 November 2021

Self-managed super fund specialist advisers may play a critical role in assisting investors how to avoid cybercrime and investment scams, according to the SMSF Associatio...

Superannuation • 8 November 2021

With women only making up a fifth of adviser roles, the industry needs to help make it appeal to women by making it safe and inclusive, according to a panel....

Financial planning • 8 November 2021

Advice industry associations have replied to an expert’s calls for research into whether regulatory change in the advice industry has influenced suicide rates....

Financial planning • 8 November 2021

Given the education authority will transfer to Treasury in 2022, amendments to its code of ethics will likely be limited to Standard 3 given it has not indicated consulta...

Financial planning • 8 November 2021

The boards of Sydney Airport have recommended shareholders approve the 100% acquisition which will see security holders receive $8.75 per share....

Superannuation • 8 November 2021

After the Australian Securities and Investments Commission approved cryptocurrency exchange traded funds, Bitcoin is edging closer to its all-time high price, according t...

Funds management • 9 November 2021

Citi Australia will provide custody and fund administration services to the exchange traded fund provider....

Funds management • 9 November 2021

The Australian exchange traded funds sector saw net flows of $2.4 billion in October despite the Australian sharemarket remaining relatively flat....

Funds management • 9 November 2021

PM Capital Asian Opportunities fund has urged its shareholders to reject the takeover bid by WAM Capital as they feel it is risky and not in the best interest of sharehol...

Funds management • 9 November 2021

Life insurers which use blanket exclusions on the basis of mental health should be subject to a regulatory review as they could deter people from seeking treatment. ...

Life/Risk • 9 November 2021

With increased regulatory change along with growth, superannuation funds have increasingly inhoused investment functions meaning there has been more immediate knowledge o...

Superannuation • 9 November 2021
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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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So we are now underwriting criminal scams?...

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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 ...

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