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The Labor government has hit back at the Senate Economics Reference Committee’s request for evidence from ASIC as it is an independent regulator and suggested it provide ...

Policy & Regulation • 21 July 2023

Comprising both small and mega super funds, these 10 growth funds have managed to deliver returns over 7.5 per cent per annum consistently for the last decade, according ...

Superannuation • 21 July 2023

T. Rowe Price remains neutral on Australia in its multi-asset portfolios as it believes there are still risks to its earnings outlook and further rate increases from the ...

Funds management • 24 July 2023

Equity Trustees has been appointed as the superannuation trustee of the $1.8 billion Future Super fund....

People & Products • 24 July 2023

ASIC has acted against eight SMSF auditors for breaches of their obligations, bringing the total for the past year to 26....

Financial planning • 24 July 2023

If super funds are to provide advice, they are encouraged to form agreements with external financial planning firms to expand their footprint beyond the major CBDs, accor...

Financial planning • 24 July 2023

Recognising the benefits of flexible work weeks on productivity, employee outcomes and engagement, two Australian advice firms have shared their successful trial stories ...

Features • 24 July 2023

Professionalisation of the financial advice industry needs to be balanced with the adviser shortage, according to Minister for Financial Services, Stephen Jones, as he co...

Financial planning • 24 July 2023

Chris Barrett has been appointed by Treasurer Jim Chalmers as chair of the Productivity Commission to replace Michael Brennan....

People & Products • 25 July 2023

Starting this week, industry veteran Cathy Hales will step into the newly-created role of CEO, Wealth Pacific at Mercer. ...

People & Products • 25 July 2023

Three Magellan ETFs have seen the largest assets under management decline in the past year, according to Stockspot, with one losing more than $2.4 billion....

Funds management • 25 July 2023

Insignia Financial has executed a share sale agreement with Australian Unity to sell its $1.1 billion friendly society investment bond business. ...

People & Products • 25 July 2023

Given the growing number of young, tech-savvy Australians with their own unique financial goals, firms are launching new solutions to capture this next generation of inve...

Features • 25 July 2023

ASIC has lodged civil penalty proceedings in the Federal Court against Vanguard Investments Australia for alleged greenwashing, having previously issued the asset manager...

Funds management • 25 July 2023

Advice Intelligence, which went into voluntary administration in May, has been acquired by a global wealth management fintech firm....

Financial planning • 25 July 2023

Fidelity is betting on gains for insurance firms in its Australian equity portfolios, at the expense of the big four banks. ...

Funds management • 26 July 2023

Pengana Capital has appointed Mercer as an investment adviser on the portfolio construction for its new private credit arm....

Funds management • 26 July 2023

Bouncing back from regulatory action last month, Spaceship has secured additional funding from two major shareholders towards new offerings and the expansion of its exist...

People & Products • 26 July 2023

Fixed income ETFs have attracted the most cashflow of any asset class in the first half of 2023, following the asset class’s worst performance in decades last year, accor...

Funds management • 26 July 2023

Magellan has made a high-profile board hire with the appointment of the former co-CEO of a $460 billion ASX-listed fund manager....

Funds management • 26 July 2023
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

3 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

5 months 1 week ago

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

3 weeks 3 days ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

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”....

3 weeks 1 day ago