ASX

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....

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....

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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 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 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 3 days ago

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

2 weeks 6 days ago