ASX

Superannuation

AMP’s first quarter cashflows have been impacted by COVID-19 and factors such as the loss of corporate superannuation mandates....

Financial planning

NAB has moved to separate out MLC Wealth for financial reporting purposes as it continues to work its way through increasing remediation costs, including those covering N...

Funds management

Every single Australian-domiciled ‘sustainable’ fund outperformed the ASX 200 over the three months to 31 March, 2020, putting the rest to theory that sustainable does no...

Funds management

The relative performance of three sub-universes of targeted volatility, socially responsible investing and long short, outperformed the index in Q1, according to Mercer....

Features

With equities falling and rates at record lows, Laura Dew speaks to multi-asset managers on how they are utilising their flexible mandates to withstand volatile markets....

Funds management

Faced with COVID-19 factors, Westpac has announced new and increased provisioning and asset write-downs totalling around $1.4 billion....

Funds management

ETF trading volumes continued to grow in March, hitting an all-time high of $18 billion in turnover, according to BetaShares. ...

Financial planning

Financial services software firm, Iress has decided to withdraw its FY20 guidance due to ‘the broader uncertainty surrounding COVID-19’. ...

Funds management

First it was industry superannuation funds announcing downward revaluations of their unlisted assets, now major property funds started announcing similar processes....

Funds management

The firm is reviewing staffing levels, senior management salaries, and directors’ fees as a result of the COVID-19 pandemic....

Superannuation

The decision by the owners of research and ratings house Zenith to call off their bid for Chant West has resulted in the initiation of court action....

Funds management

There is likely to be a ‘lasting reduction’ in demand for travel firms and cruise companies even after the market recovers from COVID-19, according to Magellan....

Funds management

AMP Capital predicts ASX200 dividends will be cut by a third over the next 12 months, a larger cut to dividends than during the global financial crisis....

Funds management

The current state of market offers great opportunities for contrarian investors with a focus on fundamentals, Allan Gray’s chief investment officer said....

Financial planning

Despite the current market uncertainty, OneVue has confirmed its continuing expectation that it will complete the transaction for the sale of Madison Financial Group in A...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...

4 weeks 1 day ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 4 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks ago