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The conversion of the Magellan High Conviction trust into an active exchange traded fund helped the industry grow to $125 billion....

Funds management • 9 September 2021

Disclosing the precise value of privately held assets will compromise super funds from being able to effectively implement investment strategies, according to the Austral...

Superannuation • 9 September 2021

Financials have the third-highest proportion of female chief executives but this number still only sits at 11%....

Funds management • 9 September 2021

Most ongoing fee models do not recognise client complexity, the regulatory and legislative environment, varying business costs, and advisers are not valuing their advice ...

Financial planning • 9 September 2021

CountPlus’ subsidiary and associate firms received over $3 million in JobKeeper in FY21, some 11 times more than the firm’s initial forecasts of around $260,000....

Financial planning • 9 September 2021

Pinnacle Investment Management has acquired third-party marketing and distribution firm, Winston Capital Partners, in a move to expand its retail distribution footprint. ...

Funds management • 9 September 2021

Federated Hermes has launched a climate change strategy for Australian investors in the fixed income space, offering the opportunity for investors to have a real-world im...

Funds management • 10 September 2021

As superannuation funds grow in assets, NAB chief executive, Ross McEwan, is concerned they will hold excess influence over firms as large shareholders in the future....

Superannuation • 10 September 2021

The mandate appointment to Vaughan Nelson would continue the firm’s trend of working with boutique asset managers....

Funds management • 10 September 2021

It is rare to see “all parts of the market firing on all cylinders”, according to Airlie, but the high multiples make it challenging to find quality companies....

Funds management • 10 September 2021

While several firms are exiting or reduce their exposure to Chinese stocks over regulatory risks, Platinum is viewing it as a buying opportunity....

Funds management • 10 September 2021

The bank has been called inconsistent with its plan to get out of coal as while it would not finance new coal mining projects, it would continue to finance existing proje...

Funds management • 10 September 2021

None of the outcomes resulted in criminal proceedings, and there is a similar percentage of ongoing cases by the corporate regulator....

Policy & Regulation • 10 September 2021

While it is great to see retail investors investing in the stockmarket for the first time, a sharp market downturn could put them off the market for good, warns Airlie....

Financial planning • 10 September 2021

Accused of being the power brokers behind the ousting of former Westpac chief executive Brian Hartzer, a Parliamentary enquiry has questioned two of the big four banks wh...

Superannuation • 10 September 2021

IOOF, AMP, and NTAA Group have disproportionally lost the most advisers since the start of the year compared to the rest of the sector, according to Wealth Data....

Financial planning • 10 September 2021

This is on top of the initial 30-day due diligence period for EQT’s potential acquisition of Iress via a scheme of arrangement....

Funds management • 10 September 2021

Former Macquarie Group chief executive Nicholas Moore will be chair of the authority that will oversee the corporate and prudential regulators....

People & Products • 10 September 2021

Four associates and a lawyer have been charged with criminal offences after Members Alliance and Benchmark groups collapsed with the corporate regulator alleging the grou...

Financial planning • 10 September 2021

Daniel Shrimski has been appointed managing director and will replace Frank Kolimago who will become global head of talent management for Vanguard Group in Philadelphia, ...

People & Products • 10 September 2021
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MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

3 months 1 week ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

4 months ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

4 months 1 week ago

AMP has agreed in principle to settle an advice and insurance class action that commenced in 2020 related to historic commission payment activity. ...

5 days 13 hours ago

Advice firms are increasing their base salaries by as much as $50k to attract talent, particularly seeking advisers with a portable book of clients, but equity offerings ...

3 weeks 5 days ago

ASIC has released the results of the latest financial adviser exam, held in November 2025....

1 week 4 days ago
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