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Superannuation
New details provided to a key Parliamentary Committee has revealed which superannuation fund trustee directors are being paid the most....
Funds management
IML Investors has said it is reluctant to add exposure to the big four banks as it believes the risk/return in the sector is unappealing....
Features
Mike Taylor writes that timing is everything and that while Westpac and ANZ have largely cleared their books of their wealth management businesses, the Commonwealth Bank ...
Funds management
ANZ has reported a 51% decline in first half net profit to $1.55 billion with no decision on an interim dividend....
Financial planning
National Australia Bank has taken a significant hit from COVID-19 related issues, with MLC Wealth also feeling the pain....
Financial planning
NAB has moved to separate out MLC Wealth for financial reporting purposes as it continues to work its way through increasing remediation costs, including those covering N...
Financial planning
The likelihood that businesses won’t restart and customers won’t be able to start paying down their mortgages have been factors in ratings house Fitch downgrading Westpac...
People & Products
Perpetual’s Eric Armbrust will join Elston Asset Management, working with the adviser team on partnerships as the firm plans expansion into Melbourne....
Funds management
The current state of market offers great opportunities for contrarian investors with a focus on fundamentals, Allan Gray’s chief investment officer said....
Funds management
There have been mixed results for major listed financial groups in terms of volatility caused by COVID-19 with banks suffering least while firms such as OneVue and Challe...
Funds management
Both Macquarie Bank and National Australia Bank have made the decision to withdraw their offers of capital notes....
Funds management
The bank said it was in the best interest of stakeholders to withdraw the offer as market volatility was likely to impact the trading value of the notes....
Policy & Regulation
External law firms have been brought in as the Australian Securities and Investments Commission looks to wrap up referrals from the Royal Commission....
Financial planning
The Australian Securities and Investments Commission had staff on-site at the major banks and AMP for 216 days during October 2018 and December 2019....
Funds management
Commonwealth Bank of Australia has retained its spot as one of the world’s biggest dividend payers, although it has fallen from 15th place in 2018 to 20th last year. ...
MARKET INSIGHTS
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Podcast
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...