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Sydney-based asset manager Maple-Brown Abbott has been selected to execute a new Australian active small caps mandate in the sovereign wealth fund’s $65 billion listed eq...

Funds management • 27 September 2023

The Financial Services Council has noted the “enhanced risk” that comes from implementing changes to financial advice legislation simultaneously with the Quality of Advic...

Financial planning • 27 September 2023

AMP has announced this morning that it intends to appeal the verdict of its Buyer of Last Resort class action....

Financial planning • 27 September 2023

The fund manager has reached an agreement to acquire Bendigo and Adelaide Bank’s superannuation business, which it believes to be “highly complementary” to its ETF busine...

Funds management • 27 September 2023

Asking questions and listening are paramount to servicing clients from diverse cultural backgrounds, according to an executive, ahead of the Momentum Media Women in Finan...

Financial planning • 28 September 2023

ASIC has handed over a $53,280 infringement notice to fintech company Bobbob over concerns of potentially misleading some 700 customers to invest $1.6 million in its cryp...

Funds management • 28 September 2023

Mercer’s high-net-worth clients are set to benefit from a new service agreement to utilise Praemium’s virtual managed account and administration services, with the platfo...

People & Products • 28 September 2023

Out of 20 sectors, workers in the financial services sector are seeing the highest proportion of workers’ compensation claims for psychological costs. ...

Financial planning • 28 September 2023

The Advisers Association has expressed disappointment at AMP’s decision to appeal the BOLR verdict while AMP’s Matt Lawler says he hopes mediation will reach “an outcome ...

Financial planning • 28 September 2023

With the industry currently sitting at some 15,679 advisers, Wealth Data has crunched the numbers to find the business model witnessing the most departures in the calenda...

Financial planning • 28 September 2023

In this week’s episode of Relative Return, host Maja Garaca Djurdjevic speaks to Patrick Clarke, general manager of retirement solutions at Generation Life, to discuss ho...

Editorial • 28 September 2023

The boutique equity investment manager has announced the launch of a new fund in the small cap space, with high expectations of outperformance ahead. ...

Funds management • 29 September 2023

Financial and insurance services has seen the largest drop in job vacancies in the past quarter, making it the only industry to have lower vacancies than pre-pandemic, ac...

People & Products • 29 September 2023

The Life Insurance Code of Practice has transferred from the Financial Services Council to the Council of Australian Life Insurers....

Life/Risk • 29 September 2023

Citing consistently disappointing engagement by the Pacific Current board since the initial proposal, Regal Partners has stepped back from what it had previously termed a...

Funds management • 29 September 2023

Following a 73 per cent pass rate in the August financial adviser exam, the highest since ASIC took over its administration, a high number of new entrants have joined the...

Financial planning • 29 September 2023

While retail market leaders like Insignia had moderate increases, there were at least five platforms with significant rises in the last financial year, including BT’s $3...

People & Products • 29 September 2023

Draft legislation on the first stream of the Quality of Advice Review reforms is expected to be released 'within weeks', according to Minister for Financial Services, Ste...

Financial planning • 29 September 2023

The firm has welcomed a former Northern Trust executive to lead its team of investment specialists in representing its equity, multi-asset, alternatives, and fixed income...

Funds management • 2 October 2023

The fintech company has welcomed its third non-executive director in two months following a significant $280.7 million loss in FY23 and a promise to deliver a refreshed b...

People & Products • 2 October 2023
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

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

3 months ago

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

5 months ago

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

2 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....

3 weeks 1 day ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 6 days ago