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Expenses incurred by responding to the failure of Dixon Advisory and Superannuation Services has caused total revenue at E&P Financial Group to decline by 15%....

Financial planning • 24 February 2023

ASIC Commissioner Danielle Press confirmed the regulator has been in touch with Treasury on how differing ‘reasonable minds’ could agree on a common ground in Levy’s reco...

Financial planning • 24 February 2023

The wealth management firm has seen downturns in advice, platforms and asset management, which chief executive, Renato Mota, has attributed to the group's ongoing simplif...

Financial planning • 24 February 2023

The annual platform report from Investment Trends has shared which platform has taken the top spot for overall functionality this year. ...

People & Products • 24 February 2023

A former director and CEO has pled guilty to two counts of engaging in dishonest conduct, with two further offences under consideration, for cheating investors of nearly ...

Financial planning • 24 February 2023

Fund manager Pengana Capital Group paid zero performance fees in the first half of the financial year despite positive performance, a “highly unusual” position for the fi...

Funds management • 27 February 2023

The asset manager has posted a 55% decline in net profit after tax as a result of costs associated with the Pendal acquisition....

Funds management • 27 February 2023

Diverger has added 160 self-licensed advice firms in the first half of 2022/23 as it targets achieving net revenue of $45 million in FY25....

Financial planning • 27 February 2023

Clime Capital has indicated it could take up new M&A opportunities this year as the firm opts to hold onto cash rather than pay an interim dividend....

Funds management • 27 February 2023

ASIC staff need to consider if they are taking on enough risk in choosing cases to litigate, according to chair Joe Longo, prompting a Senate committee to ask if it shoul...

Policy & Regulation • 27 February 2023

Growth in micro-AFSLs has taken a hit to the largest players with Insignia and AMP both seeing a drop in their market share as a result....

Financial planning • 27 February 2023

The major bank has revised its monetary policy expectations off the back of the Reserve Bank's hawkish rhetoric....

Funds management • 27 February 2023

The firm noted an 8% rise in reported revenue along with growth of 13% in Count Financial advisers in the first half of the 2023 financial year....

Funds management • 27 February 2023

The prudential regulator has opted to maintain its macroprudential settings, citing a “high degree of uncertainty” in the economic outlook. ...

Policy & Regulation • 28 February 2023

Despite exchange traded funds’ (ETFs) increasing popularity amongst retail investors, assets witnessed slower growth compared to 2021, growing 4.9% in 2022....

Funds management • 28 February 2023

The investment platform has issued its first financial results update following the sale of its international business. ...

Platforms & wraps • 28 February 2023

With over 95% of both FPA and AFA members voting in favour, the proposed merger of the entities into the Financial Advice Association of Australia (FAA) has been confirme...

Financial planning • 28 February 2023

The Government has moved to raise the concessional tax rate for superannuation balances exceeding $3 million from 15% to 30%, which has received mixed feedback from indus...

Policy & Regulation • 28 February 2023

Creating a charitable arm to your firm expands the ways you can support everyday Australians, shares this adviser. ...

Financial planning • 1 March 2023

Homeownership is no longer the predominant metric of wealth in Australia, according to new research from financial services giant AMP....

Financial planning • 1 March 2023
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

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

3 months ago

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

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 3 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

3 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 6 days ago