DIVEST

Funds management

IOOF has sold down its minority stake in Australian Ethical but declares continuing commitment to ethical investment....

Financial planning

IOOF has sold its New Zealand-based IOOF Integral Trust to focus on simplifying the business around its advice-led strategy....

Superannuation

Vision Super has divested from thermal coal, tar sands and tobacco in addition to its existing weapons exclusion....

Financial planning

Colonial First State has become a signatory to the United Nations-endorsed Tobacco-Free Finance Pledge....

Funds management

The list of superannuation funds divesting from tobacco continues to grow, with Crescent Wealth joining the Tobacco Free Finance Pledge in the UN General Assembly last we...

Financial planning

Australian Ethical has announced it would divest from AMP for failing ethical investment standards. ...

People & Products

Mercer has announced it will exclude investments in companies that manufacture tobacco products and controversial weapons. ...

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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