The firm has announced it will no longer be writing new life insurance policies in the retail advised and corporate group insurance channels, citing a declining market an...
ASIC has been rapped for ignoring multiple tip-offs about the $180 million Courtenay House Ponzi scheme, waiting four years to take regulatory action. ...
The experience pathway has passed in Parliament today, three months after being introduced....
WTW has expanded its Australian investments business with the acquisition of the management rights to two funds from NSW-based advice business, Profile Financial Services...
Global asset manager Janus Henderson has launched an emerging markets equity fund for Australian investors. ...
Count has welcomed a Melbourne-based advice practice to its network, with a focus on the technology efficiencies provided by the licensee. ...
Danielle Wood, chief executive of the Grattan Institute, has been appointed as chair of the Productivity Commission as its previously announced candidate, Chris Barrett, ...
In its first FUM update since releasing its full-year results, Magellan has announced its retail and institutional flows during August. ...
Self-licensed advisers are most likely to have seen their profit margins increase over the past 12 months, according to research by Investment Trends, as fees increase fo...
The experience pathway’s passage through Parliament has been welcomed by the industry as a way to prevent further adviser exodus....
In this week’s episode of Relative Return, host Phil Tarrant speaks to Shane Hurst, Managing Director and Senior Portfolio Manager at ClearBridge Investments, winner of t...
The chief executive of Australia's second-largest super fund, Australian Retirement Trust, is to depart next February. ...
A clause in the experience pathway legislation passed yesterday could improve the prescriptive rules imposed on new entrants and translate to more flexibility in the cour...
Ausbil has appointed a head of global institutional distribution from Magellan, one of two distribution appointments....
ASIC has taken aim at distributors of over-the-counter derivatives after a review found improvements are needed in how they meet design and distribution obligations, havi...
George Maris, former head of equities, Americas, at Janus Henderson, has been named chief investment officer and global head of equities at Principal Asset Management. ...
ASIC has sued the trustee of Australia’s largest super fund, AustralianSuper, alleging failures to address multiple member accounts affecting 90,000 members over a decade...
Advice firms should be targeting as much as $700,000 per annum per adviser in ongoing advice fees as clients could be willing to pay higher advice fees than advisers are ...
Former van Eyk chief executive, Mark Peter Thomas, has been permanently banned by ASIC for performing any function involved in running or controlling a financial services...
As an asset class, infrastructure has a number of unique characteristics that makes it an attractive option for investors across all points of the economic or market cycl...
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...