ASX
Funds management
MLC customers are being charged 0.1% for non-NAB owned investments and 0.15% for ASX-listed investments, according to reports....
Funds management
Fund manager Allan Gray is forecasting near-zero yields for the majority of ASX-listed companies in the future, although consumer staples may be able to buck this trend. ...
Life/Risk
AMP has cleared all the regulatory hurdles to complete the sale of AMP Life to Resolution Life on 30 June....
Funds management
Westpac is to divest its final 9.5% stake in Pendal as the company looks to “simplify operations”. ...
Life/Risk
Slater and Gordon have filed a class action against the bank for selling customers “worthless” insurance....
Funds management
The exchange traded product industry experienced the fourth highest monthly inflows in May at $1.66 billion, with $739.6 million directed at Australian equities, accordin...
Funds management
Quality office assets with secure income streams might still be attractive for investors even though the market will continue to see some headwinds due to COVID-19, accor...
Policy & Regulation
Westpac has confirmed the career and salary consequences that has flowed from its AUSTRAC scandal....
Financial planning
Clime Investment Management has emerged as the buyer of Madison. ...
Financial planning
The proposed Iress acquisition of OneVue has surprised many but is explained by the synergies and returns which can be derived by leveraging technology and reach. ...
Financial planning
Financial services technology company, Iress has moved to acquire OneVue....
Financial planning
A Chinese state-owned entity has cast a shadow over OneVue’s sale of Madison. ...
Financial planning
OneVue is in trading halt on the Australian Securities Exchange and so is Sequoia as attention focuses on the future ownership of financial planning dealer group, Madison...
Funds management
Earnings of Australian companies have taken a material hit during the COVID-19 pandemic, putting pressure on dividend yields but there are ways to improve this, according...
Policy & Regulation
IOOF has walked away from a class action initiated against it in the wake of the Royal Commission and action by the Australian Prudential Regulation Authority with a quie...
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Podcast
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...