The speculative activity and lack of fundamental value are indicators that cryptocurrency is a Ponzi scheme and could require tougher regulation in the future....
The corporate regulator alleges MLC Life Insurance, in some instances, failed to pay life insurance benefits, notify on premium rises or refund premiums, amongst other br...
With increased focus on energy-efficient resources following the COP26 conference, Money Management explores which resources funds have offered the best returns....
Sequoia, which has reported revenue from its wealth division of $62 million in FY21, has said it expects this to increase to $72 million in FY22....
Easton Investments has confirmed the expected departure of 100 limited advisers in its FY22 outlook due to the Financial Adviser Standards and Ethics Authority regime....
Australian superannuation members are unlikely to view and understand the MySuper Heatmap because of its complexity and unclear presentation, according to Chant West’s ge...
The Australian Financial Complaints Authority is examining fees and funding ahead of the findings from an independent review and how it can treat smaller firms more fairl...
Consumers who invested with Sterling Income Group thought their “dreams were coming true” and did not understand they were not receiving personal advice from the provider...
Adviser numbers continued to fall by 25 this week even though the large licensee owners dominated growth....
There is an ambivalence among investors to accept they are members of a failing investment scheme with the corporate regulator likening members of the Sterling Income Tru...
Dick Weil, who led Janus Capital during the merger with Henderson, will retire as chief executive of Janus Henderson in March 2022....
Pexa Group has reported a 42% growth in revenue, year-on-year, while addressing its first annual general meeting since publicly listing....
The Your Future, Your Super reform overlooks different investment approaches a trustee might take, including environmental, social and governance investing, according to ...
The Retirement Income Covenant is spearheading decumulation product innovation to help the “hunger for yield” retirees have, according to Challenger....
Consumers have indicated they are ‘more likely to save’ in the current market environment which poses an opportunity for advisers to ensure they are not letting clients’ ...
Small advisories will need to partner in networks to share technology solutions if they want to survive in a shrinking industry that is becoming more expensive to operate...
Already making up a fraction of complaints, complaints about advisers have fallen 33% in the 2021/22 financial year so far, according to the Australian Financial Complain...
Digital hybrid advice is an answer for Australians excluded from advice due to high costs and for those who do not have ‘complex advice needs’....
The signing of the memorandum of understanding will see the two firms launch wealth management and retirement income solutions for Australian retail investors....
Former AMP financial adviser, David Fong, and his Perth-based company Fong Financial Planners have been charged with dishonest conduct....
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...