ASX

Funds management

Despite a bid from New Zealand’s FNZ, the board of GBST has decided to recommend a takeover bid by SS&C....

Funds management

Reverse mortgage specialist, Heartland Group, has looked to underpin expected growth into the sector with an extended funding facility....

Funds management

VanEck has announced it has launched on the Australian Securities Exchange its Vectors MSCI Australian Sustainable Equity exchange traded fund....

Financial planning

The AAT has affirmed ASIC’s to ban Mark Menzies from providing financial services, after he had engaged in manipulation of the price of MINI Warrants commonly known as “M...

Features

There are no shortage of product structures for those looking to try their luck with listed investments. Balaji Gopal makes the case for exchange traded funds, one of man...

Policy & Regulation

Macquarie has paid a $300,000 penalty to comply with an infringement notice given by the MDP....

People & Products

Suncorp chief executive, Michael Cameron has announced his departure from the company....

Funds management

Investec Australia Property Fund has closed its offer early due to strong investor demand and is expected to list on the Australian Securities Exchange next week....

Superannuation

Superannuation funds could control more than half the ASX within 15 years, with one-third of the $3 billion of new money the sector gains to invest each week likely to go...

People & Products

Perpetual Credit Income Trust has commenced trading on the Australian Securities Exchange....

Financial planning

AMP Limited has released its first quarter cash flows data and revealed the extent to which it is still seeking to recover from its Royal Commission challenges....

Financial planning

Westpac has announced its first half cash earnings will be reduced by $357 million to account for provisions for remediation associated with authorised representatives in...

Policy & Regulation

ASIC has banned a Perth-based accountant from providing any financial services for six years, after finding that he both contravened and was likely to again contravene a ...

Life/Risk

Freedom Insurance Group has announced an in-principle agreement to transfer its policy administration business to a third party as a precursor to exiting the market....

Financial planning

Netwealth has reported a growth in its funds under administration by $2.1 billion at the end of March, which was helped by a growing number of new advisers who selected i...

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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

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 5 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 1 day ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 days 11 hours ago