CREDIT

Funds management

Government bonds have become an unappealing asset for bond investors with countries likely facing a debt crisis in the future, according to Schroders’ Kellie Wood....

Funds management

US-based Ares Management Corporation and Fidante Partners, part of Challenger Limited, have announced a strategic joint venture in Australia....

Financial planning

The corporate watchdog has appealed to the Federal Court against its decision that the bank did not breach the Credit Act....

Funds management

Yarra Capital Management has extended the reach of its its Yarra Absolute Credit Fund, which recently became available to the firm’s institutional clients....

Funds management

Tightening credit environment has impacted stock preferences across Australian equity funds, DNR Capital said....

Funds management

The La Trobe Financial 12 Month Credit Fund Term Account has been included on the IOOF Pursuit investment platform....

Financial planning

Consumer group Choice has called for an extension of the client best interests duty to advice provided around credit products....

Editorial

The Government has commissioned a timely review of the external dispute resolution schemes covering financial services, but it should focus more on equity and effectivene...

Financial planning

ASIC has permanently banned Mark Steven Grevsmuhl from providing financial services due to serious fraud convictions....

Financial planning

ASIC has banned a NAB adviser from providing financial services for seven years after investigations found he had broken financial services laws....

Policy & Regulation

Westpac will pay $1 million to support financial counselling and literacy initiatives, for failing to comply with its responsible lending practices....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 1 week ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 2 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 2 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 1 day 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...

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....

1 week 6 days ago