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The first week of December sees heavy losses again in adviser numbers with a net change of advisers of over 120 while the net losses for the year stood at 2,062, accordin...

Financial planning • 3 December 2021

The tribunal noted that the adviser has suffered with loss of employment and was the sole breadwinner as a single mother, and thus should have a reduced penalty....

Financial planning • 3 December 2021

As part of Netwealth’s Global Specialist Series, the First Sentier GSS Concentrated Australian Share fund provides exposure to an active portfolio of Australian listed gr...

Funds management • 6 December 2021

HSBC has increased its expectation for gross domestic product for 2021 from 3.5% to 4.3% thanks to the faster-than-expected recovery, vaccination success and border reope...

Funds management • 6 December 2021

The failure by Parliament to pass changes for lower-income workers to their superannuation will mean the gender pay gap persists for longer, according to HESTA....

Superannuation • 6 December 2021

With the corporate regulator holding directors personally liable for cyberattacks, Licensees can no longer pass the buck of responsibility for their organisation’s cyber ...

Financial planning • 6 December 2021

Traditional active equity funds did not see any new inflows for two years until the middle of 2020 when the environmental, social and governance boom took off....

Funds management • 6 December 2021

The affordability of advice issue can be solved through technology and MoneyGPS believes its tech can bridge the unmet advice gap for Australians who cannot afford compre...

Financial planning • 6 December 2021

The changes in advice-led business model are forcing asset managers to respond to a growing direct market....

Financial planning • 6 December 2021

Robeco Australia has launched an index equity fund which aims to offer investors a sustainable alternative to passive investments while providing alpha in developed marke...

People & Products • 6 December 2021

Crescent Group has appointed Sayd Farook as its new head of strategy to lead the Islamic-compliant investing firm’s ‘$5 billion in five-years’ growth plan....

People & Products • 6 December 2021

Partners Wealth Group has launched Partners Private which will offer bespoke investment opportunities for high-net-worth clients....

Financial planning • 6 December 2021

The corporate regulator has found firms in financial markets have continued to show resiliency to cyber threats during the pandemic but a reallocation of resources has le...

Policy & Regulation • 6 December 2021

Magellan Asset Management’s chief executive, Dr Brett Cairns, has stepped down from his role for personal reasons and Kirsten Morton has been appointed as interim CEO....

People & Products • 7 December 2021

Australian Eagle Asset Management prefers to “focus on facts rather than the story” and believes too many meetings with company management can leave investors swayed by m...

Funds management • 7 December 2021

Self-licensees pursuing growth opportunities are driving My Dealer Services’ facility which offers platform for advice buyers and sellers....

Financial planning • 7 December 2021

The battle between PM Capital and Wilson Asset Management over the PM Capital Asian Opportunities fund has taken another turn after the Australian Government Takeover Pan...

Funds management • 7 December 2021

While it is clear many advisers are experiencing “change fatigue” from years of regulatory change, it is also driving collaboration across the industry which will continu...

Financial planning • 7 December 2021

Financial advisers over 60 who are deemed exceptional should be grandfathered with specific disciplines before the education requirements deadline of 2026, an adviser bel...

Financial planning • 7 December 2021

The prospect of regulatory changes is impacting peace of mind for many Australians either heading towards or in retirement, according to Investment Trends....

Superannuation • 7 December 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 2 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 ago