For the first time, an adviser’s knowledge of responsible investment is more important to clients than investment returns, according to the Responsible Investment Associa...
Making initial advice tax-deductible would be a “no brainer” move by the Government to encourage people to seek advice, according to adviser Jonathan Wu....
Monash Investors has initiated a short position on Magellan as it is concerned the firm will get significantly smaller in light of its underperformance. ...
Labor would not make any “wholesale changes” to Your Future, Your Super reforms but has instead committed to tweaking aspects of it in response to emergent challenges tha...
The proposed user-pays model from the Australian Financial Complaints Authority followed industry feedback and would see 98% of investment and advice members pay only a $...
Government bonds might not provide the same level of protection that they have traditionally offered portfolios because of inflation and geopolitical turmoil. ...
Platinum International’s fund managers have highlighted the underperformance of growth stocks amid the inflationary environment with the view that markets are currently m...
Accounting and wealth advisory firm, William Buck, has appointed a director to lead its wealth advisory team....
Guy Debelle, deputy governor of the Reserve Bank of Australia, is to leave the central bank next week after 25 years. ...
The Financial Planning Association of Australia has welcomed the announcement by the Australian Financial Complaints Authority about proposed changes to its funding model...
Moving to Letters of Advice, abolishing safe harbour steps to comply with best interest duty and indexing the wholesale assets test are among proposals made by the Financ...
Adviser numbers have stabilised this week at 17,249 with all new licensees that were launched belonging to the financial planning peer group. ...
There is “little consensus” about the direction of markets in the next few months, according to Federated Hermes, as markets navigate a fraught geopolitical climate....
The geopolitical tensions has set Australian resources companies to benefit from elevated commodity prices and higher prices will equate to stronger company earnings....
A move to principle-based regulation is among the terms of reference being considered within the Quality of Advice review. ...
The Self-Managed Superannuation Fund Association deputy chief executive, Peter Burgess, has laid out exactly what changes advisers should be paying attention to in the SM...
The Government has been accused of ‘cherry-picking’ issues for the Quality of Advice Review following the publication of its terms of reference while financial advisers ...
Funds under management at Magellan have fallen from $112 billion at the end of 2021 to $69.1 billion this month. ...
Partners Group has launched an unlisted private debt global income fund, with the expectation that its floating rate nature will outperform traditional fixed income. ...
The Mirova Global Sustainable Equity fund can now be accessed through the Macquarie Professional Series, the first thematic sustainable global equities fund manager to jo...
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...