AUSTRALIAN FINANCIAL SERVICES

Funds management

Litigation funders are extracting returns which are 17 times better than you’re likely to extract from the ASX 200 and 10 times better than global hedge fund managers....

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Financial planning

TWUSuper has acknowledged to a Parliamentary Committee that it has personnel embedded within branches of the Transport Workers Union but none of them are providing advice...

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Policy & Regulation

Banks and financial services firms have been revealed as having major consumer trust issues with new Roy Morgan research revealing that only Bendigo and Adelaide Bank and...

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Financial planning

The Australian Securities and Investments Commission has confirmed the cancellation of the Spectrum Wealth Advisers license and has notified all advisers and clients of t...

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Policy & Regulation

Australian financial services licensees that offer over-the-counter derivatives to retail investors overseas might be breaking overseas laws....

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Policy & Regulation

The Australian prudential regulator has finalised the standard aimed at combating the threat of cyber attacks....

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Policy & Regulation

The global corporate lending platform has warned the Federal Government of substantial weaknesses in its proposed Open Banking implementation plan....

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Policy & Regulation

Poor policy signalling, delayed action, and mis-reading by markets on climate change threaten the stability of the Australian financial system, according to a report....

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Financial planning

Vanguard Australia MD, John James has been promoted to head the company's European business. ...

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Financial planning

SPAA patron, Sir Anthony Mason calls for an end to denigration and a uniting of the various sections of the financial services industry....

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Financial planning

ASIC warns retail investors against the risks of dealing with unlicensed binary options providers singling out Opteck.com in specific warning. ...

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Financial planning

The ASIC adviser register is intended to be up and running on 31 March....

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Accounting

Accountants remain confused about the process involved in the uptake of the limited licensing regime but they need to proceed quickly if they want to advise on SMSF, the ...

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Financial planning

ASIC issues fraudster warning...

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Financial planning

BT Financial Group affected by changes to Westpac CEO reporting lines....

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

6 days 19 hours ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

6 days 20 hours ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 1 week ago