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Marking a departure from April’s muted inflows, the ETF industry reported the highest level of monthly inflows for the year so far during May at $2 billion....

Funds management • 13 June 2024

The corporate regulator has made a suspension and a cancellation of the AFSL of two Queensland-based firms. ...

Financial planning • 13 June 2024

Licensees are figuring out how to navigate the annual superannuation performance test to avoid any clients being stuck in affected funds and whether they need to start ru...

Financial planning • 13 June 2024

Appearing before the Senate economics committee, WT Financial managing director Keith Cullen has described the first tranche of QAR legislation as a “ticking time bomb” i...

Financial planning • 13 June 2024

The investment manager said it has appointed an industry “visionary” to join the business as its new head of global ETFs and funds....

Funds management • 14 June 2024

Investment boutique Prime Value Asset Management has appointed a head of distribution who joins the firm after almost nine years at Magellan Financial Group....

Funds management • 14 June 2024

Financial services firm Fiducian has added two new franchisees to its national advice network, one based in Victoria and the other in Northern Territory. ...

Financial planning • 14 June 2024

ASIC has told the Senate economics committee that it expects the requirement for superannuation trustees to check Statements of Advice won’t be “highly prescriptive” and ...

Financial planning • 14 June 2024

Just two financial advice licensees have commenced operations and seven ceased over the past two weeks, while total adviser numbers slip below 15,600 yet again....

Financial planning • 14 June 2024

Licensees are being reminded to take prompt action once their licence is granted as ASIC cancels the AFSL of a Sydney firm....

Financial planning • 14 June 2024

The latest edition of the Hays annual salary report has broken down the expected average salary for a variety of senior and junior financial planning roles for the upcomi...

Financial planning • 17 June 2024

Fund management recruiter, Mischa Bennett, has shared with Money Management the four areas where fund managers are actively hiring new staff....

Funds management • 17 June 2024

Global investment manager Nuveen has appointed William Huffman as its new chief executive, succeeding Jose Minaya who departs after 20 years at the business....

Funds management • 17 June 2024

ETF provider Betashares has secured $300 million in investment from Singapore-based Temasek which will acquire a stake in the business....

Funds management • 17 June 2024

The high cost of receiving financial advice continues to be a barrier preventing half of retirees from seeking an adviser’s support, Vanguard’s latest data shows....

Financial planning • 17 June 2024

Colonial First State has confirmed the first alternative manager for its funds, following the closure of four First Sentier Investors teams. ...

Funds management • 17 June 2024

From cyber security threats to external reviews, financial services law firm Holley Nethercote has uncovered the most notable compliance concerns for AFSLs....

Financial planning • 17 June 2024

JBWere Australia CEO, Maria Lykouras, and a female financial adviser have underscored how advice practices can better service female clients from communication and trust ...

Financial planning • 18 June 2024

Lazard Asset Management has launched its first ETF in Australia, transforming its global listed infrastructure fund into an ETF structure. ...

Funds management • 18 June 2024

TAL group chief executive Brett Clark is to step down from the role after almost a decade with a new replacement appointed....

Financial planning • 18 June 2024
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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 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....

2 weeks 6 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 4 days 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”....

2 weeks 4 days ago