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A former AMP financial adviser has urged advisers in the BOLR class action against AMP to object to the “unfair and unreasonable” $100 million settlement sum as the objec...

Financial planning • 21 May 2024

The popularity of ETFs, which are approaching $200 billion in Australia, is a potential threat to the advice landscape if consumers opt to invest directly, according to t...

Financial planning • 21 May 2024

The decision to scale up a small advice practice can be a difficult judgement call. Money Management speaks with two advisers on whether the potential gains outweigh the ...

Financial planning • 21 May 2024

ASIC chair Joe Longo has told a Senate select committee that it has been running two pilot AI programs, including one to read public submissions....

Financial planning • 21 May 2024

ASIC has cancelled the AFSL of a Victorian asset manager, seven months after an officer of the company was charged with money laundering offences in an AFP investigation....

Funds management • 21 May 2024

Selfwealth has shared the top 10 ETFs by trades with a shift demonstrated by investors towards Australian equity ETFs. ...

Funds management • 21 May 2024

Innovations in the ETF space are changing the dynamic between public and private markets, according to VanEck. ...

Funds management • 21 May 2024

Macquarie Asset Management has expanded its active ETF range with the addition of two systematic active ETFs....

Funds management • 21 May 2024

Vital Business Partner has launched a new coaching solution to assist financial advisers and business owners looking to grow their practices and drive efficiencies. ...

Financial planning • 22 May 2024

The Financial Services Council is proposing making the sophisticated investor test less subjective as currently wholesale fund managers are hesitant to apply it....

Funds management • 22 May 2024

Following the closure of four investment teams last month by First Sentier Investors, Colonial First State has proposed multiple replacement managers for the CFSIL funds....

Funds management • 22 May 2024

Insights from Ensombl has ranked practice management as the most frequently discussed topic among financial advisers as many move away from a licensee to set up their own...

Financial planning • 22 May 2024

ASIC has issued information for AFS licensees clarifying what they need to do if their adviser wishes to access the experience pathway....

Financial planning • 22 May 2024

A former financial adviser has been banned by ASIC from providing financial services for inappropriate advice, among multiple breaches....

Financial planning • 22 May 2024

Pengana Capital Group has exceeded the minimum subscription on its Pengana Global Private Credit Trust IPO, two days after launching....

Funds management • 22 May 2024

Principal Asset Management has appointed a head of infrastructure debt to lead the launch and implementation of its new private infrastructure debt capability....

Funds management • 22 May 2024

Schroders head of fixed income for Australia, Stuart Dear, has identified two areas of the fixed income market that he believes are currently attractive to investors....

Funds management • 22 May 2024

Natixis affiliate Loomis Sayles has announced an actively managed global bond fund in light of consumer demand....

Funds management • 22 May 2024

Colonial First State has reached $1 billion in funds under administration on its Edge platform, having launched last August. ...

Financial planning • 23 May 2024

Russell Investments has appointed a new head of Asia-Pacific, six months after appointing Pete Gunning to the role....

Funds management • 23 May 2024
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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