FINANCIAL SERVICES

Financial planning

Hiring intentions with the finance, insurance and real estate sector have taken a blow, with Manpower Group’s Net Employment Outlook down six points from the previous qua...

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Policy & Regulation

The chairman of the Australian Securities and Investments Commission, James Shipton has suggested that those who are pushing back against the regulator may still have som...

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Policy & Regulation

Banks, insurers and super trustees need to do more than talk the talk where climate change is concerned, with a key regulator urging them to also act to mitigate risks to...

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Expert Analysis

Financial services barrister Noel Davis examines the testimony given to the Royal Commission and its ultimate findings and suggests that for as much as it discovered ther...

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Funds management

While the Royal Commission’s final report was touted to rock the financial services industry, the financial sector has defied expectations, according to FE Analytics. ...

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Financial planning

AMP Limited acting chief executive, Mike Wilkins has confirmed the firm is facing more fees for no service remediation challenges after discovering new breaches as recent...

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Policy & Regulation

Australian Securities and Investments Commission chairman, James Shipton has signalled his intention to subject his own executives to the same terms and conditions as the...

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Financial planning

Ignition Advice has been nominated by the Banking Technology Awards as a finalist in the category Best Use of IT in Private Banking/Wealth Management....

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Policy & Regulation

The Australian Securities and Investments Commission has pointed to the recent adverse publicity around the financial services industry having driven up the level of whis...

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Policy & Regulation

A former Perth financial services representative has been banned from providing financial services following a Court conviction for four counts of stealing....

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Life/Risk

The Financial Services Council wants to extend its insurance code of conduct to “all life insurance distributors”....

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People & Products

IRESS has launched its new client portal, available through XPLAN, to provide a front-end solution for client engagement. ...

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People & Products

Nikko Asset Management Australia has announced the appointment of Naomi Edwards as its new non-executive director....

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Financial planning

Industry Super Australia has accused the Government of caving into the retail banks and the wealth management sector in allowing ‘carve-outs’ from the design and distribu...

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Policy & Regulation

The Federal Government is moving to introduce legislation which will have the effect of doubling the criminal and civil penalties which can be imposed against both corpor...

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Never miss the latest news and developments in wealth management industry

Squeaky'21

My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...

1 week ago
Jason Warlond

Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...

1 week ago
Jasmin Jakupovic

How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...

1 week 1 day ago

AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....

9 months 1 week ago

A $34 billion fund has come out on top with a 13.3 per cent return in the last 12 months, beating out mega funds like Australian Retirement Trust and Aware Super. ...

9 months ago

The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....

9 months 2 weeks ago