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....

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

1 month 2 weeks ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 1 week ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

2 months 2 weeks ago

ASIC has canceled the AFSL of Sydney-based asset consultant and research firm....

2 weeks 3 days ago

The Reserve Bank of Australia has announced its latest interest rate decision following this week's monetary policy meeting....

3 weeks 6 days ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

5 days 22 hours ago
moneymanagement logo