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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

ASIC has confirmed the estimated industry funding levy for the 2023–24 financial year and how much licensees can expect to pay....

Financial planning • 8 July 2024

ASIC has permanently banned a former Western Australia-based financial adviser after he falsified his adviser exam certificate....

Financial planning • 8 July 2024

Regal Partners has shared how the acquisition of Merricks Capital will progress its private credit goals with 40 per cent of the firm’s FUM expecting to sit in private cr...

Funds management • 8 July 2024

The rise of self-licensed financial advisers is creating a “once in a generation” opportunity for platforms as they are prompted to select their platform of choice for th...

Features • 8 July 2024

Money Management rounds up the most notable ETF launches over the past three months, ranging from bond-focused products to actively managed solutions....

Funds management • 9 July 2024

With the UK and France both seeing critical national elections recently, how have European ETFs performed?...

Funds management • 9 July 2024

Global X has launched a FANG+ (Currency Hedged) ETF, offering investors a building block within growth-orientated portfolios. ...

Funds management • 9 July 2024

Opportunities abound in gold as Global X expands its range of gold ETFs, while VanEck believes gold miners are demonstrating strong fundamentals....

Funds management • 9 July 2024

Investment Trends has uncovered the annual average technology spend of financial advice firms and how advisers are adopting artificial intelligence in their everyday proc...

Financial planning • 9 July 2024

While ASIC’s estimated FY24 levy only saw a slight $60 rise per adviser compared to the previous year, FAAA’s Sarah Abood believes it is still too high for a shrinking in...

Financial planning • 9 July 2024

Details have been shared regarding the failures in an adviser’s non-compliant statements of advice which led to a three-year ban as well as how improvements in his behavi...

Financial planning • 9 July 2024

National advice group Bombora Advice has appointed David Mounsey in the newly created role of business growth and development manager to drive future growth, particularly...

Financial planning • 9 July 2024

Strong inflows from international equity ETFs have helped accelerate Australian ETF assets under management to above $200 billion, Vanguard data shows. ...

Funds management • 9 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