AMP Limited has told the Royal Commission that while legislating to remove grandfathered commissions carries constitutional risks, it favours transitioning away from gran...
ASIC deputy chair, Peter Kell, has admitted to the Royal Commission that while the regulator has not paid enough attention to grandfathered commissions in the past, it is...
Macquarie has announced that its wealth arm will switch off all grandfathered commissions next year, impacting an estimated 17,000 client accounts....
AustralianSuper and Australian Retirement Trust have posted the financial results for the 2022–23 financial year for their combined 5.3 million members....
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. ...
The verdict in the class action case against AMP Financial Planning has been delivered in the Federal Court by Justice Moshinsky....
My view is that after 2026 there will be quite a bit less than 10,000 'advisers' (investment advisers) and less than 100...
Dugald makes a great point that not everyone's definition of green is the same and gives a good example. Funds have bee...
How did they get the AFSL in the first place? Given the green light by ASIC. This is terrible example of ASIC's incompet...