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Diverger has announced its purchase of a 35% stake in McGregor Wealth Management for an initial cash consideration of $0.74 million, followed by deferred consideration up...

Financial planning • 4 July 2022

BlackRock Australasia has appointed Jason Collins as head of iShares and index investments for the Australia and New Zealand region....

People & Products • 5 July 2022

Commodities and direct property have emerged as the only major asset classes to post returns above inflation in the 2022 financial year, according to asset consultants At...

Funds management • 5 July 2022

Magellan’s general manager for distribution, Frank Casarotti, is set to leave the firm after 15 years....

People & Products • 5 July 2022

CountPlus has announced its investment in WSC Group, a financial services and advice practice with offices around Australia. ...

Financial planning • 5 July 2022

Individual submissions to the Quality of Advice Review have found financial advisers around the country are in dispute as to whether financial technology could help to re...

Financial planning • 5 July 2022

The Reserve Bank of Australia has raised rates for the third time this year with an increase of 50 basis points to 1.35%....

Funds management • 5 July 2022

ETF Securities has launched a US Treasury Bond fund and a USD high-yield corporate bond fund, aimed at retirees and self-managed superannuation fund members seeking low r...

People & Products • 6 July 2022

Foord Asset Management (Singapore) has appointed Equity Trustees as its local responsible entity, bringing Australian investors access to high conviction and value-driven...

People & Products • 6 July 2022

GQG Partners has marked its sixth anniversary by announcing three key promotions in its the investment team....

People & Products • 6 July 2022

The adviser shortage is tightening the industry's labour market, and presenting a challenge for those looking to hire....

Financial planning • 6 July 2022

Advisers are likely to look towards self-registration with the regulator rather than a licensee model in the future, but self-licensing is not without its pitfalls, accor...

Financial planning • 6 July 2022

Over two-thirds of advisers believe it is their responsibility to align clients’ investments with their value as the interest in environmental, social and governance inve...

Funds management • 7 July 2022

The Australian Financial Complaints Authority has made two changes to leadership of its investment and advice and banking and finance departments....

People & Products • 7 July 2022

Valuations have “never compressed so quickly” on the back of rising rate expectations, according to SG Hiscock, with those sectors which had benefitted from negative yiel...

Funds management • 7 July 2022

With rising interest rates, inflation and recession fears hitting investment markets, AMP Capital’s chief economist, Shane Oliver, has broken down how asset classes have ...

Funds management • 7 July 2022

The Quality of Advice Review should distinguish between certified money coaches and those individuals who describe themselves as ‘wealth coaches’ as the roles are misunde...

Financial planning • 7 July 2022

Fintech providers have responded to advisers’ comments about their viability as a means to lower the cost of advice, highlighting it can bring down costs without reducing...

Financial planning • 7 July 2022

ASIC has commenced civil penalty proceedings in the Federal Court against ‘licensee for hire’ company Lanterne Fund Services, as its systems and processes were “wholly de...

Policy & Regulation • 7 July 2022

Minister for financial services, Stephen Jones, has announced Your Future, Your Super performance tests will not be extended beyond MySuper products this year as well as ...

Superannuation • 7 July 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...

1 day 16 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 1 day 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 12 hours ago

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

3 weeks 3 days ago