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Professional year candidates should be self-motivated and both them and their supervisors need to understand it could take far longer than one year, according to panellis...

Financial planning • 2 June 2023

Financial advisers are a declining “olden days” model, says Michelle Levy, who instead has focused her Quality of Advice Review on digital advice rather than relevant pr...

Financial planning • 2 June 2023

The number of advisers who have ceased during 2023 is at 365, more than double the new entrants over the same period, and could approach 900 by the end of the year if the...

Financial planning • 2 June 2023

A trial investigating alleged misconduct by the wealth management company is slated to begin on Monday (5 June) and expected to run for up to five weeks. ...

Financial planning • 2 June 2023

ASIC has made its first interim stop order on a superannuation product as well as on three managed funds, all run by Spaceship Capital....

People & Products • 2 June 2023

JBWere has appointed Cathryn Carver as chair, replacing Michael Saadie....

People & Products • 5 June 2023

As the Fund Manager of the Year Awards near on 22 June, Money Management spoke to the Australian Large Cap Equity Fund finalists. ...

Funds management • 5 June 2023

Less than 1 per cent of total advisers are ‘pure risk’ advisers as commission changes and premium increases drive them out of the profession or into new advice careers, s...

Financial planning • 5 June 2023

Prime Financial is seeking to double its revenue growth by 2025 thanks to a five-year business re-organisation which is now reaping rewards as it sets its sight on multip...

People & Products • 5 June 2023

Innovation might be an opportunity cost borne by Australia’s regulatory environment, however some consumers may place more value in the human element of advice, according...

Financial planning • 5 June 2023

The former chief executive of an ASX-listed asset manager and industry veteran has joined the board of online investing platform Stake as chairman....

People & Products • 5 June 2023

The asset manager has announced a currency-hedged option in a move towards reducing the potential impact of movements in the Australian dollar on investors’ returns....

Funds management • 5 June 2023

The European asset management firm urged investors to turn their attention towards India, which is positioned for strong growth over the next decade....

Funds management • 5 June 2023

Fund managers IFM Investors and ISPT have confirmed they are exploring the merits of a potential merger at the request of significant shareholders....

People & Products • 5 June 2023

ASIC has suspended the AFS licence of a managed investment schemes and general advice provider after it failed to lodge financial statements and audit reports for the fin...

Financial planning • 5 June 2023

A former BNY Mellon managing director has joined MA Financial with a remit to further build on its institutional investor relationships in the real estate sector, with a ...

People & Products • 6 June 2023

A year-long research programme by fund manager Alphinity and CSIRO aims to provide a framework to assess, manage, and report on responsible artificial intelligence risks....

Funds management • 6 June 2023

Single disciplinary body the Financial Services and Credit Panel has published its first outcome, relating to an adviser who impersonated a client on the phone....

Financial planning • 6 June 2023

Four interim stop orders issued against Spaceship are the latest in a series of issues between the investment firm and the regulator over the last five years....

Funds management • 6 June 2023

Contrary to claims that finfluencers are a more accessible alternative to advisers, this licensed finfluencer believes she plays a complementary role towards easing inves...

Editorial • 6 June 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

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

4 weeks 1 day 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 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 5 days ago