ASX

Funds management

Major grocery firm Coles has entered the Australian debt capital markets in a strategy aimed at replacing its bank debt facilities in the wake of the Wesfarmers demerger....

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Funds management

AMP has signalled some positives in its release of its third quarter cashflows update....

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Policy & Regulation

Westpac has announced another $341 million in provisioning for customer remediation programs....

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Superannuation

The Commonwealth Bank of Australia has acknowledged the two class actions against Colonial First State that were filed last week....

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Superannuation

Former Colonial First State executive director, Linda Elkins may have left the company and become a partner at KPMG but she has been named in a class action filing....

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People & Products

M&A veteran Jeremy Larkin has been appointed to lead IFM’s initiative into large-scale private equity investments....

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Funds management

Elanor Investors Group has announced it is preparing for an initial public offering and ASX listing of the multi-asset commercial real estate investment trust....

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Superannuation

With the Australian Prudential Regulation Authority legal action out of the way IOOF has secured its acquisition of ANZ’s OnePath Pension and Investments business....

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Financial planning

Publicly-listed technology company, GBST will become part of FNZ following an overwhelming vote on the sale by shareholders....

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Financial planning

The Australian stock market fell by more than 3.5% last week over fears of escalations in the US/China trade war. ...

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Life/Risk

CommInsure has been charged by the Australian Securities and Investments Commission for offering to sell life insurance products via non-compliant unsolicited phone calls...

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Financial planning

These charges were mainly for wealth and insurance-related matters and adviser service fees paid to self-employed advisers....

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Funds management

Australian Leaders Fund looks to discount its NTA as it prepares for the end of the longest business cycle....

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Policy & Regulation

Millinium Capital Managers has filed court proceedings against four defendants for breach of contract and consumer law. ...

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Financial planning

AMP chief executive, Francesco de Ferrari, has been given an increase in his performance rights by over six million, according to an announcement on the ASX....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

3 months 1 week ago

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

3 months 1 week ago

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

5 months 2 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

4 weeks 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”....

3 weeks 5 days ago

A financial advice firm has been penalised $11 million in the Federal Court for providing ‘cookie cutter advice’ to its clients and breaching conflicted remuneration rule...

2 weeks 4 days ago