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A financial adviser describes how he reached “breaking point” over the FASEA system when he falsified his financial adviser exam result, while the judge shares why he var...

Financial planning • 3 July 2024

In this latest episode of Relative Return, host Maja Garaca Djurdjevic speaks with Justine Marquet, head of technical services at Allianz Retire+, to discuss the financia...

Editorial • 4 July 2024

Funds under management at Magellan were largely flat in June as the asset manager reports a 72 per cent rise in performance fees for FY23–24....

Funds management • 4 July 2024

Ausbil Investment Management has announced its head of wholesale distribution is to depart after 17 years with the fund manager....

Funds management • 4 July 2024

The specialist alternatives investment manager has provided an FUM update for the June quarter as its M&A activity drives net inflows higher. ...

Funds management • 4 July 2024

Senator Andrew Bragg has released the final report of the ASIC inquiry, making 11 recommendations as to how the corporate regulator can be improved....

Financial planning • 4 July 2024

The Delivering Better Financial Outcomes bill has been passed in the Senate following amendments....

Financial planning • 4 July 2024

The first Delivering Better Financial Outcomes bill has now passed both the Senate and the House of Representatives....

Financial planning • 4 July 2024

The 2024 calendar year is now expected to report bigger losses than 2023, despite a strong start, as the last two weeks of June have seen heavy triple-digit adviser losse...

Financial planning • 4 July 2024

ASIC has released the exam results for its June sitting of the financial adviser exam....

Financial planning • 5 July 2024

The final ASIC inquiry report has found more than 26,000 reportable situations reports made by licensees during 2022–23 were assessed as requiring no action, while public...

Financial planning • 5 July 2024

With the financial advisers register no longer distinguishing those who have used the experienced pathway to provide advice, how will this affect consumers and employers?...

Financial planning • 5 July 2024

The Australian Wealth Advisors Group has made its first equity partnership scheme investment into a Victorian financial planning firm as it forecasts multiple deals ahead...

Financial planning • 5 July 2024

With the 2023–24 financial year behind us, Money Management takes a look back on the financial advice licensees that were hit with enforcement action by ASIC in the past ...

Financial planning • 5 July 2024

A second financial adviser has seen their ASIC ban varied this week following a successful appeal to the Administrative Appeals Tribunal. ...

Financial planning • 5 July 2024

Three months since Godfrey Pembroke officially exited Insignia Financial’s institutional AFSL, Money Management speaks with CEO Mark Fisher on his path to becoming an adv...

Financial planning • 5 July 2024

Asset management firm Channel Capital and boutique absolute return manager Arnott Capital have formed a strategic partnership to drive business growth....

Funds management • 8 July 2024

From multiple fund closures to a blockbuster IPO, Money Management collates the most significant news in the funds management industry over the past three months....

Funds management • 8 July 2024

GQG Partners has shared its funds under management at the end of June and inflows for the first half of 2024, having taken minority stakes in three US-based businesses....

Funds management • 8 July 2024

The financial advice firm has appointed an Aware Super executive to join its platforms business in a newly created role aimed at enhancing and accelerating its retirement...

People & Products • 8 July 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