Praemium’s Powerwrap platform experienced net outflows of $53 million as advisers continued to transition, bringing total gross outflows from these transitioning advisers...
Although the fund manager continued to recover in March, the pace was slower compared to previous months....
FAAA chief executive, Sarah Abood, has warned changes in the first tranche of the QAR legislation around advice fees documentation could create more work for advisers rat...
The Federal Court has issued its verdict in ASIC's first greenwashing case against Vanguard Investments Australia regarding the use of ESG exclusionary screens....
Government has introduced a bill to Parliament to legislate the first stream of the QAR reforms....
The multi-asset businesses of Perpetual and Pendal are being merged to create one team known as the Perpetual Multi Asset Strategies Team....
The central bank has announced its second interest rate decision since a major revamp....
Following the sale of its platform business to Praemium, Iress has made a second disposal as it moves to streamline operations....
ASIC has issued a warning to advisers and their licensees after identifying deficiencies in their oversight of Choice super performance....
Challenger’s Funds Management business benefitted from strong net flows of $5.6 billion on the back of a “diverse offering and investment for growth”. ...
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....
FWIW I am a long term holder of both. I am relaxed about my LICs trading at a discount. Part of a cycle. I would like...
The term "The democratisation of private assets continues to gain steam" is marketing misleading. There is no democracy...
I have passed this exam, and it is not easy or fair exam. It's no wonder that advisers are falsifying their results. ...