Cross-subsidisation of advice leaves pricing power in the hands of a select few institutions....
The funds management industry is preparing itself for the next market cycle, with the current mergers and acquisition activity a sign that some are tweaking their busines...
The Macquarie Group has confirmed that it has shut down its wrap platform in the United Kingdom due to what it described as execution challenges and difficult business co...
Some of the community anger directed towards the Commonwealth Bank of Australia (CBA) after its Melbourne Cup day rate hike appears to have trickled down to the funds man...
Equity Trustees has strengthened its focus on Western Australia and added resources to New South Wales business development for funds management, with the appointment of ...
ANZ reports strong profit but remains low-key on growth in wealth management....
A large proportion of industry super funds have high numbers of relatively small investment mandates, ultimately driving up the cost of investment management for members....
The corporate regulator’s moves to tighten the rules for responsible entities of managed investment schemes are positive but don’t address the conflicts of in...
The chief executive of van Eyk Research, Mark Thomas, has explained the remuneration relationships between some of his research houses’ key dealer group clients and...
Challenger has put forward a so-called five-point restructuring plan for its 25-year-old Howard Mortgage Fund....
BT Financial Group outpaced its peers over the 12 months to 30 June, 2010, commanding the lion’s share of growth in both funds under management and new inflows....
The need for life insurance continues to grow as Australians continue to fall deeper into personal debt – and insurers owned by Australia’s four major banks will take alm...
The criticisms increasingly levelled against ratings houses are often unfair and symptomatic of failings in the way their research is interpreted and applied, writes Mike...
Financial planners and dealer groups rank Lonsec as preferred ratings house on back of its research quality, client service and user-friendliness. Mike Taylor reports....
Lonsec has been named Money Management's inaugural Funds Management Ratings House of the Year on the back of its focus on gauging what its customers want and delivering t...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...