POWERED BY MOMENTUM MEDIA
CFS
Financial planning
The Commonwealth Bank has completed its sale of its 55% interest in Colonial First State to private equity firm KKR....
Superannuation
The Federal Court has ordered Colonial First State Investments Limited to pay a penalty of $20 million for misleading communications with members. ...
Expert Analysis
Growing demand for affordable financial advice is powering appetite for a new breed of low-cost index funds as a core holding in portfolios, writes Bryce Quirk....
People & Products
The solution captures fee consent for ongoing service fee agreements through Xplan and is validated through blockchain in a bid to reduce time spent on administration and...
Funds management
The Stewart Investors Worldwide Leaders Sustainability fund’s fee has reduced to 0.45% as the fund looks to help clients grow their wealth....
People & Products
In partnership with Lonsec, Zenith and Morningstar, it will offer 23 new managed account specialist portfolios on its FirstChoice Personal Super and Pension platform....
Superannuation
The Federal Court has found that it made false or misleading representations to members to avoid them moving to the MySuper product....
Financial planning
Advisers are now turning to focus on their business growth but the workload around fee consent requirements are a burden and they need efficient processes to lower this l...
People & Products
Colonial First State has hired Anthony Lane from MLC as its group chief risk officer as it continues its senior leadership appointments spree....
People & Products
Jo-Anne Bloch has been appointed as independent non-executive director of Colonial First State Investments Limited and Avanteos Investments Limited....
Superannuation
There has been a growing interest in engagement with superannuation along with positive attitudes towards the super guarantee increase and higher contribution caps, among...
Financial planning
While 96% of grandfathered conflicted remuneration arrangements have been terminated by the start of 2021, eight product issuers still have grandfathered benefits on 46 p...
People & Products
Colonial First State has made a number of senior appointments in the lead up to its separation from the Commonwealth Bank....
Superannuation
Kohlberg Kravis Roberts and Co has put in an offer to buy Link’s 44.18% share of PEXA while the firm still explores the possibility of an IPO. ...
Awards
An investment culture of open-mindedness and the willingness to take risks and back conviction has led CFS FC Baillie Gifford Long Term Global Growth to win the Global Eq...
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
Powered by
MOMENTUM
MEDIA
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...