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A new member organisation has been formed, established by three former directors of the Profession of Independent Financial Advisers....

Financial planning • 3 June 2022

Money Management examines how the 10-year returns of funds have been changed by the turbulent first five months of 2022. ...

Funds management • 3 June 2022

The financial advice industry has fallen by triple digits for the third week in a row, according to Wealth Data, with year to date licensee closures more than double the ...

Financial planning • 3 June 2022

State Street has appointed John Venardos as managing director of portfolio solutions....

People & Products • 6 June 2022

Tasmanian financial planning firm Ford Scott has engaged online advice business Otivo to bridge the industry-wide challenge of unaffordable advice and orphaned clients....

People & Products • 6 June 2022

It is “highly unusual” to see a market sector crash twice in two years as the technology sector falls back to pre-COVID levels, according to Dale Gillham, despite the sma...

Funds management • 6 June 2022

TAL has announced the appointment of Mark Joiner as independent chair, following Duncan Boyle’s decision to retire after eight years leading the board....

People & Products • 6 June 2022

Licensees should ensure they pre-vet any advice given, according to Fourth Line, as it is no longer acceptable to conduct retrospective audits....

Financial planning • 6 June 2022

Advisers cannot shy away from conflict in a client relationship if it is needed to secure consent for the advice, according to the AFA....

Financial planning • 6 June 2022

Funds under management at Magellan have fallen from $68.6 billion to $65 billion in May, a monthly loss of more than double April’s figure....

Funds management • 6 June 2022

VGI Partners Global Investments Limited has announced the completion of the merger between VGI Partners Limited and Regal Funds Management....

Funds management • 6 June 2022

The Australian Securities and Investments Commission has released its latest cost recovery implementation statement for 2021/22, providing an estimated levy for financial...

Policy & Regulation • 6 June 2022

Perpetual Asset Management has launched a global active exchange traded managed fund, its third since last November....

People & Products • 7 June 2022

Collaborative action to drive transformation must be taken to enable financial advice to be more cost-effective and accessible, according to a documentary by HUB24 and XY...

Financial planning • 7 June 2022

Clients are still going to need to meet the work test if they want to claim a deduction for a personal contribution despite the removal of the work test for voluntary con...

Superannuation • 7 June 2022

Future Royal Commissions should consider the mental health impact of regulatory change and upheaval as the human impact on participants has been lost, according to a clin...

Financial planning • 7 June 2022

GQG has recovered assets lost in April this month with funds under management rising by 4.6%....

Funds management • 7 June 2022

The corporate regulator has made its first conviction of an individual for using social media to co-ordinate a ‘pump and dump’ scheme of listed stocks. ...

Policy & Regulation • 7 June 2022

Spaceship Capital chairman Paul Dortkamp has been banned by ASIC for a “fundamental oversight” related to his responsibilities, less than six months after its former CEO ...

Policy & Regulation • 7 June 2022

The Reserve Bank of Australia has surprised the market with a 50 basis point hike to 0.85%, its second consecutive rise. ...

Funds management • 7 June 2022
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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...

2 days 3 hours ago

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

1 week 2 days ago

So we are now underwriting criminal scams?...

6 months 1 week ago

Australian retirees could increase their projected annual incomes by as much as 51 per cent through comprehensive financial advice, according to a Vanguard study, but cos...

4 weeks 1 day ago

After last month’s surprise hold, the Reserve Bank of Australia has announced its latest interest rate decision....

3 days 23 hours ago

Libby Roy has been appointed as an independent non-executive director on the board of AZ NGA....

3 weeks 3 days ago