ASX

Policy & Regulation

IOOF has confirmed the final settlement of a class action brought against it related to a failed prosecution by the Australian Prudential Regulation Authority with no cos...

Funds management

Melbourne boutique manager, Datt Capital, which saw its absolute return fund deliver “stellar” results, has said the current environment is exceptionally good for active ...

Funds management

Powerwrap has posted inflows for the June quarter despite expected net flows not occurring due to the COVID-19 pandemic. ...

Funds management

The ASX All Ordinaries index could hit 6,600 in the next two to four weeks, according to Wealth Within’s chief analyst....

Financial planning

The most senior executives and members of the board have announced a belt-tightening in the face of COVID-19 but the company’s recruitment of new advisers has kept Perpet...

Funds management

A ratings downgrade generated by the sale of AMP Life has seen the company defending the strength of its balance sheet....

Funds management

Firms in need of emergency capital raising have been granted a four-month extension by the Australian Securities Exchange to 30 November, 2020, as Melbourne goes into a s...

Funds management

Centuria Capital Group has declared its full $174 million takeover offer for New Zealand-based Augusta Capital unconditional....

Financial planning

Sequoia Financial Group has entered into a purchase of assets agreement with Total Cover Australia, via the company’s wholly owned subsidiary InterPrac....

Funds management

As markets weathered the market crash caused by the COVID-19 pandemic, the ASX Small Ordinaries lost 6% during the financial year but performance by the utilities sector ...

Life/Risk

AMP Limited has sold AMP Life for $3 billion but will retain a 20% holding in Resolution Life Australia....

Financial planning

The sale of Madison Financial Group to Clime Asset Management is complete but OneVue will have to continue haggling with a major Chinese Sargon creditor....

Features

The ETF market in Australia is unlikely to reach the heights or complexity of the US, writes Laura Dew, but industry experts believe the space is still a fast-growing and...

Funds management

Australian equity performance does not reflect the strong COVID-19 crisis response by the country, making a catch-up rally likely in the future, according to T. Rowe Pric...

Funds management

MLC customers are being charged 0.1% for non-NAB owned investments and 0.15% for ASX-listed investments, according to reports....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 3 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 3 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 4 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

3 weeks 5 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

1 week 6 days ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

1 week 5 days ago
moneymanagement logo