The number of rate decisions per year will reduce in 2024 under sweeping reforms following an independent review of the Reserve Bank of Australia. ...
Platinum Asset Management has reported net outflows for 11 out of the last 12 months, as it releases its profit forecast for FY22-23....
Minister for Financial Services, Stephen Jones, has reiterated his support for superannuation funds helping everyday Australians manage their money following widespread d...
Several months after the departure of abrdn head of Australian equities, Michelle Lopez, her deputy Natalie Tam has joined Perpetual, after both had worked at abrdn for a...
A recruiter’s overview of adviser demand for Q3 2023 indicates limited roles for graduates with the industry pivoting more to re-adopt the associate adviser role....
In this episode of Relative Return, host Maja Garaca Djurdjevic chats to Russel Pillemer, co-founder and chief executive at Pengana Capital Group, to discuss how the firm...
The FAAA’s Phil Anderson has shed light on when advisers could see any update from the government on the progression of the Quality of Advice Review changes....
The Financial Regulator Assessment Authority has released its review of the Australian Prudential Regulation Authority....
Driven by technological efficiencies, advisers are doing more with less and witnessing increased profitability, according to a survey of over 120 practices. ...
Reporting its quarterly results for the three months to 30 June, the firm said it has seen funds under administration increase by $4.4 billion although outflows remain at...
Magellan has appointed Amy Krizanovic as head of ESG and it is understood her predecessor and former deputy CIO, Dom Giuliano, has departed the firm after 16 years....
Wraps, platforms and master trusts FUM declined to $982.5 billion over the year to end of March 2023, although some market leaders like HUB24 and Netwealth experienced do...
Three things are missing from the government’s formal response to the QAR, according to the FAAA’s Phil Anderson, while a panel has shared why they believe the QAR should...
It is understood Reserve Bank of Australia governor, Philip Lowe, will not be re-appointed to the governor position with a decision due to be made later today....
Prime Minister Anthony Albanese has announced the successor for Philip Lowe at the Reserve Bank of Australia....
Colonial First State Investments has reached an in-principle settlement regarding a superannuation class action about grandfathered commission....
Although on the fence about the replacement of governor Philip Lowe, economists have welcomed his successor, deputy Michele Bullock, as a sign of structure and continuity...
Two-thirds of all licensees are paying over $1 million annually in internal compliance costs, including 13 per cent of those with less than 100 staff and representatives,...
The financial planning-accounting business model is the only one to have seen growth in its adviser numbers since 1 July 2022, according to Wealth Data....
According to Betashares analysis, Australian ETFs have seen $4.8 billion in net inflows since the start of 2023 and total funds under management are expected to cross $16...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...