NEWS AND RESEARCH

3 April 2025 Comments
AFCA has confirmed United Global Capital's membership of the body will not be extended to accept further complaints, avoiding a repeat of the…
Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify…
Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their…
Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected.
Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for…
Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its…

TOP PERFORMING FUNDS

 

INVESTMENT INSIGHTS

FINANCIAL PLANNING

AFCA has confirmed United Global Capital's membership of the body will not be extended to accept further complaints, avoiding a repeat of the Dixon Advisory scenario....

Three of Australia’s largest financial advice groups have shared their thoughts with Money Management on whether they would include crypto on their approved product lists...

Shadow treasurer Angus Taylor has vowed to introduce a bill to legislate a raft of financial services reforms if the Coalition is elected....

Money Management examines the share price of financial advice licensees over one year to 31 March, with M&A actions in the final quarter having a positive effect for two ...

A $3.5 million settlement for victims of Melissa Caddick has been approved by the Federal Court following an initial agreement last December. ...

PEOPLE & PRODUCTS

24 March 2025
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Trustee and fund administration platform MSC Group has promoted Shelley Brown as its chief operations officer, having successfully completed the integration of the Certan...

18 March 2025
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Australian Unity’s group managing director and chief executive has announced his plans to retire at the end of the year after two decades leading the company....

17 March 2025
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TAL has appointed a senior manager for investment strategy and portfolio management who joins from a lead role at AIA....

17 March 2025
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Global wealth management platform FNZ has appointed a new group head of APAC, while boutique investment manager TWC Invest welcomes a chief technology officer....

14 March 2025
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Momentum Media’s wealth brands are hosting Election 2025, an exclusive event examining the federal election’s impact on the economy, financial advice, and superannuation ...

FUNDS MANAGEMENT

Fund managers may be operating in a squeezed environment, but a salary guide shows they are willing to pay up for specialist talent to diversify their fund range....

Reach Alternative Investments has entered into a strategic partnership with Russell Investments to bolster its wholesale private markets offering for financial advisers a...

Boutique investment consulting and research house Genium Investment Partners has announced a senior appointment to drive further growth in its research ratings business....

Nuveen has appointed a global head of estate, a successor to Chris McGibbon who steps down after almost 25 years....

The alternative investment manager has signalled its intentions to repackage an existing fund into a second private equity vehicle, targeting both listed and unlisted opp...

SUPERANNUATION

7 February 2025
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AMP is to launch a digital advice service to provide retirement advice to members of its AMP Super Fund, in partnership with Bravura Solutions. ...

6 January 2025
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Unveiling its performance for the calendar year 2024, AMP has noted a “careful” investment in bitcoin futures proved beneficial for its superannuation members....

6 January 2025
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SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positiv...

5 December 2024
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The second tranche of DBFO reforms has received strong support from superannuation funds and insurers, with a new class of advisers aimed to support Australians with thei...

30 August 2024
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While all MySuper products successfully passed the latest performance test, trustee-directed products encountered difficulties....

LIFE/RISK

Policy and advocacy specialist Benjamin Marshan has left the Council of Australian Life Insurers after less than a year, having joined in March from the Financial Plannin...

The declining volume of risk advisers meant KPMG has found a rising lapse rate for insurance policies arranged by independent financial advisers, particularly in the TPD ...

The Life Insurance Code of Practice has transferred from the Financial Services Council to the Council of Australian Life Insurers....

The firm has announced it will no longer be writing new life insurance policies in the retail advised and corporate group insurance channels, citing a declining market an...

ASIC has issued its first interim stop order on two life insurance products from ClearView Life for DDO failures....

ACCOUNTING

29 August 2022
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Australian Ethical has reported its net profit after tax (NPAT) fell 15% to $9.6 million for the year ended 30 June, while its underlying profit after tax (UPAT) declined...

26 August 2022
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Insignia Financial has announced a 59% increase in its underlying net profit after tax (UNPAT) to $234.5 million in FY22....

4 February 2022
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Having completed their educational qualifications, those advisers who remain in the industry are reporting being “run off their feet” with new clients....

30 September 2019
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With October being Mental Health Month, it’s a good opportunity for people in the profession to look out for each other’s mental health....

29 May 2019
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The Administrative Appeals Tribunal has rejected an application by a former tax agent to stay a Tax Practitioners Board decision to terminate his registration with the ma...

POLICY & REGULATION

Financial Services Minister Stephen Jones has shared further details on the second tranche of the Delivering Better Financial Outcomes reforms including modernising best ...

The Federal Court has found a company director guilty of operating unregistered managed investment schemes and carrying on a financial services business without holding a...

The Governance Institute has said ASIC’s governance arrangements are no longer “fit for purpose” in a time when financial markets are quickly innovating and cyber crime b...

Compliance professionals working in financial services are facing burnout risk as higher workloads, coupled with the ever-changing regulation, place notable strain on sta...

Treasurer Jim Chalmers has handed down his third budget, outlining the government’s macroeconomic forecasts and changes to superannuation....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

2 weeks 6 days ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 5 days ago