FINANCIAL REPORTING

Funds management

Challenger posts solid full-year result, including stellar rise in FUM as its annuities products resonate in the evolving post-retirement market....

Funds management

ANZ has reported a solid increase in unaudited net profit in the third quarter amid tougher conditions....

Financial planning

A strong Commbank result has been clouded by a profit decline in its Wealth Management business flowing from its advice remediation and compliance costs....

Financial planning

Specialist publicly-listed financial services technology firm, GBST, has posted a strong result largely underpinned by its international expansion....

Financial planning

NAB posts solid third quarter update, with NAB Wealth making significant contributions....

Financial planning

Macquarie has completed its Enforceable Undertaking with ASIC but its compliance bill has quadrupled to $413 million and is forecast to continue rising....

Funds management

A new APRA analysis has pointed to Australia’s major banks needing to significantly lift their capital adequacy ratios to meet the aspirations of the FSI report....

Financial planning

The Commonwealth Bank has upped the ante on its annuities strategy by moving to offer them via its platforms, FirstChoice and FirstWrap....

Policy & Regulation

An Auditor-General’s report has revealed that if you’ve received a CGT letter from the ATO, it may well be wide of the market and have missed your share dealings....

People & Products

GBST enters into alliance with British-based business technology provider BPO focused Xchanging....

People & Products

Aura Group has moved to focus on the post-accountants exemption environment by acquiring a majority stake in AFG....

Funds management

Shares in BT Investment Management (BTIM) have been placed in a trading halt on the Australian Securities Exchange (ASX) as the majority Westpac-owned company embarks on ...

Financial planning

CBA posts solid quarter but notes impact of advice remediation and regulatory costs....

Despite claims to the contrary, the latest super data suggests industry funds have not significantly out-performed retail funds since before the GFC....

Financial planning

ASIC is focusing on stockbrokers and investment advisers and the use of general of advice....

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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 1 week ago

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

7 months 1 week ago

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

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