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A Melbourne financial adviser banned for 10 years for breaching COVID-19 lockdown rules to attend the AFL Grand Final in Perth has seen his banning reduced in an appeal....

Financial planning • 14 November 2023

The Australian Financial Complaints Authority has appointed new directors as two founding directors step down after five years, including a financial adviser....

People & Products • 15 November 2023

Praemium has announced a three-year partnership with research consultancy CoreData....

People & Products • 15 November 2023

The global alternative asset manager has attracted strong inflows in the second half of 2023 as it hits $9.2 billion in assets under management. ...

Funds management • 15 November 2023

The Financial Advice Association Australia and the Financial Services Council have responded to the first consultation on Delivering Better Financial Outcomes, recognisin...

Financial planning • 15 November 2023

HUB24 has unveiled the features of its low balance Discover product and the managers it is working with on managed portfolios....

People & Products • 15 November 2023

Sequoia has announced plans to boost growth by acquiring sub-scale licensees, noting only 2 per cent of AFSLs have more than 100 advisers....

Financial planning • 15 November 2023

The exchange-traded fund industry has recorded a market cap decline in October due to global sharemarket weakness, despite seeing the second-highest level of net flows th...

Funds management • 16 November 2023

Global fund managers have made their biggest shift into bonds since the global financial crisis as interest rates are expected to stay higher for longer....

Funds management • 16 November 2023

Policy and advocacy specialist Benjamin Marshan has left the Council of Australian Life Insurers after less than a year, having joined in March from the Financial Plannin...

Life/Risk • 16 November 2023

With Count’s acquisition of Diverger set to reach completion in February 2024, rival bidder COG Financial Services has withdrawn its “superior proposal” made last month. ...

Financial planning • 16 November 2023

The holistic advice firm has reached the final stage of its Ironbark Asset Management merger as its managing director, David Stephen, discusses the firm’s future growth s...

Financial planning • 16 November 2023

AMP is betting on a digital bank for sole traders and small businesses, in partnership with UK digital bank Starling, to improve its AMP Bank performance....

People & Products • 16 November 2023

The government has revealed the final chosen wording of its objective of superannuation as the bill is introduced in Parliament....

Superannuation • 16 November 2023

In this episode of Relative Return, host Maja Garaca Djurdjevic speaks to John Julian, fund manager of the Dexus Core Infrastructure Fund, to discuss infrastructure oppor...

Editorial • 16 November 2023

Pacific Current Group has scrapped its plans to be acquired after bids with GQG and Regal Partners both fell through. ...

Funds management • 17 November 2023

Fund manager DMX Asset Management is backing three different financial advice licensees in its Australian Equities fund as it expects an easing of industry headwinds will...

Financial planning • 17 November 2023

E&P Financial Group has settled a class action related to Dixon Advisory for $16 million as Senator Andrew Bragg questions why the taxpayer should foot the bill for consu...

Financial planning • 17 November 2023

The tripartite deal between Fortnum and AZ Next Generation Advisory, announced earlier this week, to acquire the financial advice arm of Australian Unity is a “reasonable...

People & Products • 17 November 2023

Following its withdrawal from the Diverger deal just days ago, COG Financial Services has announced a $13 million stake in this financial services licensee....

Financial planning • 17 November 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