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The Senate Economics References committee has published the terms of reference for its inquiry into ASIC enforcement and welcomed submissions....

Policy & Regulation • 3 November 2022

The Government has delayed financial adviser registration from January until 1 July, 2023 with registration to open in Q2 2023....

Financial planning • 3 November 2022

Women are accumulating less than three quarters of the wealth of men at the point of retirement, according to research, with the disparity increasing with career seniorit...

Financial planning • 4 November 2022

It is “anyone’s guess” what Elon Musk will do as the new owner of Twitter but Meta stocks still show promise after a 70% share price drop, according to Platinum....

Funds management • 4 November 2022

Assistant Treasurer and minister for financial services, Stephen Jones, has welcomed the Senate inquiry into ASIC investigation and enforcement....

Policy & Regulation • 4 November 2022

APRA has imposed additional licence conditions on trustees of superannuation funds within the Insignia Group. ...

Policy & Regulation • 4 November 2022

Historical bond rate cycle patterns have been broken, casting doubt over expectations of a “vanilla market correction”, according to the CIO of a boutique fund manager....

Funds management • 7 November 2022

There was a net negative change of 16 advisers last week, up from five in the previous week....

Financial planning • 7 November 2022

Melbourne-based boutique financial advisory firm Wattle Partners has expanded its team with the appointment of a senior financial adviser. ...

People & Products • 7 November 2022

Magellan has seen a modest uptick in funds under management after months of decline following the firm’s commitment to grow to $100 billion....

Funds management • 7 November 2022

Having already enacted 11 interim stop orders regarding target market determinations, the industry should not expect ASIC to slow down and using templates could be one ca...

Financial planning • 7 November 2022

Former Bank of England governor Lord Mervyn King recently made headlines by stating that central banks in the west all made the same mistake by printing money during the ...

Editorial • 7 November 2022

The Federal Court has found NAB engaged in unconscionable conduct by continuing to charge customers over $350,000 in periodic payment fees even though it was aware of the...

Funds management • 7 November 2022

Kaplan Professional and BlackRock have launched a short course on exchange traded funds designed for financial advisers....

People & Products • 8 November 2022

Westpac has confirmed the potential sale of the Asgard and BT Panorama platform is still a consideration as funds under administration on BT Panorama declines 8%....

Funds management • 8 November 2022

The FPA and AFA have confirmed the timing for a vote on a potential merger between the two parties. ...

Financial planning • 8 November 2022

The corporate regulator has confirmed the number of breaches that were reported to it by another licensee following its exclusion from an earlier data report....

Financial planning • 8 November 2022

Assistant treasurer, Stephen Jones, has outlined the Government’s intentions to strengthen the superannuation system, stating an objective is needed followed by discussio...

Superannuation • 8 November 2022

Michelle Levy, reviewer of the Quality of Advice Review, has defended her proposals to allow superannuation funds and banks to provide financial advice. ...

Financial planning • 9 November 2022

The Big Four banks have reported combined cash earnings of $28.5 billion but signs are pointing towards challenging conditions, according to EY and KPMG....

Funds management • 10 November 2022
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 2 weeks ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

3 weeks ago

Prime Minister Anthony Albanese has confirmed who will succeed Stephen Jones to serve as the Assistant Treasurer and Financial Services Minister. ...

4 days ago

ASIC has permanently banned a former Perth adviser after he made “materially misleading” statements to induce investors. ...

2 weeks 1 day ago