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CHOICE is calling for an industry-funded compensation scheme of last resort to include investment managers, as cases such as the Sterling Group collapse has caused homele...

Financial planning • 16 November 2021

As more advisers go independent following the Royal Commission, Kon Costas has broken away from BT Practice Principal’s Community to form his own self-licensed adviser se...

Financial planning • 16 November 2021

Changes to privacy permissions has forced Forager Funds Management to look closely at its social media holdings, particularly with Twitter which has struggled to reach it...

Funds management • 16 November 2021

The Government is making scapegoats out of the advice industry even though it is not responsible for product failures or the vast majority of financial complaints, accord...

Financial planning • 16 November 2021

How the industry adapted during the COVID-19 pandemic is proof technology is not changing the role of advisers, according to TAL....

Financial planning • 16 November 2021

‘Novelty’ financial products are unlikely to see a higher regulatory scrutiny in the future as it is too hard to determine what that definition covers, according to the A...

Policy & Regulation • 16 November 2021

The corporate regulator has filed a contempt application in Federal Court against James Mawhinney, the director of companies in the Mayfair 101 group....

Financial planning • 16 November 2021

Allan Gray sister firm, Orbis Australia has appointed Jenny Josling as its chair who will move from her role as managing director after almost 15 years at the helm....

People & Products • 16 November 2021

In a response to the ongoing talent management challenges, CountPlus has announced its partnership with Melbourne Business School....

Financial planning • 16 November 2021

EISS Super will need to implement a strategy to merge with a larger, better performing fund under the regulator’s new license conditions....

Superannuation • 16 November 2021

The two roles covered managing director of real estate and head of real estate investment, based in Sydney....

People & Products • 17 November 2021

With only 27% of payments being conducted with cash in Australia, this is leading to a “fertile ecosystem” for fintech companies in the payments space. ...

Financial planning • 17 November 2021

Responsible investing in assets that are already built and operating does not de-risk portfolios as investors get the most returns and impact out of new asset creation, a...

Funds management • 17 November 2021

The largest impact of the early release to superannuation scheme was the higher monitoring and oversight required....

Superannuation • 17 November 2021

The superannuation fund has changed a number of its strategic objectives and associated expenditures and is exploring a number of merger opportunities....

Superannuation • 17 November 2021

The collapse of Sterling Group was caused by the company being too ambitious with its return targets, according to the regulator, rather than any improper financial deali...

Financial planning • 17 November 2021

AMP superannuation trustees are to pay $45 million in remediation relating to final matters referred from the Royal Commission....

Superannuation • 17 November 2021

The bond fund manager has appointed James Wilson as senior portfolio manager of its high-grade fixed income specialist investment team who joins from a similar role at VF...

People & Products • 17 November 2021

CBA has reported cash net profit after tax of approximately $2.2 billion in 1Q22, 20% higher than in the same period last year, but lower than 2H21....

Financial planning • 17 November 2021

The most common “stumbling block” in consumer remediation by licensees was underinvesting in systems which have led to multiple failures....

Policy & Regulation • 17 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...

1 week 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 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 2 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 1 day 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 ...

1 week 6 days ago