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The financial services ombudsman has secured $1 billion in compensation and refunds for consumers since 2018 and is on track to receive close to 100,000 complaints this f...

Financial planning • 14 April 2023

There are still over 3,000 financial advisers on the Financial Advisers Register (FAR) who are without a degree and expect to rely on the experience pathway to continue t...

Financial planning • 14 April 2023

Australia’s foremost provider of financial services news, analysis and market intelligence, Momentum Media, has today unveiled the team behind Australia's leading force i...

People & Products • 14 April 2023

Analysis of trading behaviour of the SelfWealth cohort found banking trades increased significantly in March, despite the crash of Silicon Valley Bank and Credit Suisse, ...

Funds management • 17 April 2023

A global survey of more than 70 ETF executives has recorded massive optimism for the market and the “untapped potential” it offers investors....

Funds management • 17 April 2023

With the average person seeking out financial advice only after they’ve had a poor experience, it’s crucial to ensure a solid financial base from a young age, according t...

Financial planning • 17 April 2023

The Association of Independently Owned Financial Professionals has shared insights from its meetings with the Treasury regarding the Quality of Advice Review, where it st...

Financial planning • 17 April 2023

Lukasz de Pourbaix, executive director of Lonsec Investment Solutions and chief investment officer, is set to depart the firm in mid-June. ...

People & Products • 17 April 2023

Whilst having technical knowledge is crucial, this adviser suggests that being an emotional rock to clients should be the top priority....

Financial planning • 17 April 2023

With finfluencer Tyson Scholz receiving a permanent injunction, a global regulatory report, co-chaired by ASIC, has shed light on what the future could look like for finf...

Policy & Regulation • 17 April 2023

A Tasmanian director has been sentenced to jail for a $1.8 million fraud scheme, where many of the victims were pensioners who had been targeted by cold-callers. ...

Financial planning • 17 April 2023

ASIC has banned Gold Coast-based director Darren Thomas Edden-Brown for eight years for promoting and helping consumers access their superannuation early to buy a home or...

Superannuation • 17 April 2023

Despite dwindling investor confidence, the Australian ETF industry still reached a new all-time high of $142.6 billion in FUM....

Funds management • 18 April 2023

The latest Targeting Scams report has revealed Australians lost over $1.5 billion in investment scams in 2022, with the number targeted for investment scams via social me...

Financial planning • 18 April 2023

The Treasury has opened consultation on the proposed experience pathway, outlining what would deem an adviser to meet the education requirements....

Financial planning • 18 April 2023

Parameters underpinning a high conviction Australian equity fund, formerly advised by BlackRock, have been revised by newly appointed manager Pendal Group. ...

People & Products • 19 April 2023

The specialist asset manager has been appointed to oversee the $115 billion super fund UniSuper’s private debt portfolio in Australia and New Zealand....

People & Products • 19 April 2023

Delia Rickard, who spent over a decade at the ACCC and had previously been a senior executive at ASIC, has joined the board of the financial wellbeing organisation. ...

People & Products • 19 April 2023

The funds platform has described performance over the March quarter as “solid”, despite a $740 million drop in net inflows....

Funds management • 19 April 2023

The Advisers Association believes Australia runs the risk of a “back to the future” scenario that served it poorly in the past unless guardrails are put in place on non-r...

Financial planning • 19 April 2023
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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 former Victorian financial adviser has been sentenced after stealing $4.4 million from clients, family and friends to feed his “raging gambling addiction”....

4 weeks 1 day 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...

2 weeks 6 days ago

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

2 days 23 hours ago