NEWS AND RESEARCH

6 November 2024 Comments
The FAAA is hopeful that it can achieve co-regulation by 2030, acting as a stepping stone towards its ultimate goal of a fully self-regulated…
A team of specialists can provide a better experience for clients, according to Findex, with advisers and accountants urged to have a close…
Funds under management at Magellan Financial Group were unchanged in October as the firm launched its first two funds with Vinva Investment…
AllianceBernstein’s managing director Brad Karp has stepped down after more than two decades in the role.
With multiple funds seeing assets frozen, three platforms have shared with Money Management how they guard against holding a troubled product and how…
The Federal Court has given a verdict on ASIC’s case against Dixon Advisory director Paul Ryan which had alleged he breached his director duties.
 

INVESTMENT INSIGHTS

FINANCIAL PLANNING

The FAAA is hopeful that it can achieve co-regulation by 2030, acting as a stepping stone towards its ultimate goal of a fully self-regulated financial advice profession ...

A team of specialists can provide a better experience for clients, according to Findex, with advisers and accountants urged to have a close relationship. ...

With multiple funds seeing assets frozen, three platforms have shared with Money Management how they guard against holding a troubled product and how much responsibility ...

The Federal Court has given a verdict on ASIC’s case against Dixon Advisory director Paul Ryan which had alleged he breached his director duties....

As the Australian financial advice industry undergoes transformative change, Adviser Ratings pinpoints five key trends characterising the future of the profession....

PEOPLE & PRODUCTS

5 November 2024

Momentum Media has announced 26 winners across 10 individual and 15 group categories for its brand-new Australian AI Awards....

4 November 2024

The financial services industry is currently “overwhelmed with quality and quantity of candidates”, Kaizen Recruitment explains, leading executives to face 12-month long ...

15 October 2024

Zenith Investment Partners has appointed an experienced research executive as its new group head of research following the departure of Bronwen Moncrieff....

4 October 2024

The financial services technology company has appointed two non-executive directors following its AGM earlier this year, where it flagged it would embark on a board renew...

18 September 2024

Several wealth management companies have been selected as finalists at the inaugural awards, which champions those who have transformed the Australian economy with their ...

FUNDS MANAGEMENT

Funds under management at Magellan Financial Group were unchanged in October as the firm launched its first two funds with Vinva Investment Management....

AllianceBernstein’s managing director Brad Karp has stepped down after more than two decades in the role....

Reflecting Australia’s love of property, Perpetual’s head of fixed income Vivek Prabhu believes Australian residential mortgage-backed securities are emerging as a high-q...

Janus Henderson has detailed how advisers can utilise these fixed income offerings to help clients achieve financial stability....

The Reserve Bank of Australia's latest interest rate announcement has left punters disheartened on Melbourne Cup Day....

SUPERANNUATION

29 August 2024

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

25 July 2024

As part of its executive leadership refresh, Insignia has appointed Dave Woodall as its chief executive for superannuation....

18 July 2024
4 Comments

Analysis by Chant West of the annual performance of growth superannuation funds has uncovered which ones see the best performance....

9 July 2024

Nominations and submissions have opened for this year’s Super Fund of the Year Awards for two individual categories....

3 July 2024
2 Comments

Australian Super, which has $315 billion in member assets and 3.3 million members, has shared its annual returns for the FY23-24....

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

28 August 2022

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...

25 August 2022

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

3 February 2022

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

29 September 2019

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....

28 May 2019

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

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....

The central bank has announced its latest rate decision amid stubborn inflation and increasing geopolitical tension....

Government has introduced a bill to Parliament to legislate the first stream of the QAR reforms....

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MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

2 months 2 weeks ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

2 months 2 weeks ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

2 months 2 weeks ago

A Sydney-based financial adviser has been banned from providing financial services in the interest of consumer protection after failing to act on conduct concerns. ...

4 weeks ago

Insignia Financial has made four appointments, including three who have joined from TAL, to lead strategy and innovation in its retirement solutions for the MLC brand....

2 days 21 hours ago

ASIC has cancelled the AFSL of a $250 million Sydney fund manager, one of two AFSL cancellations announced by the corporate regulator....

3 weeks 5 days ago