Major banks paid or offered customers $215.9 million of an estimated $219.5 million in refunds and interests for failing to provide advice....
ASIC has accepted an enforceable undertaking from Australian financial services licensee AIW Dealer Services....
The Australian exchange traded fund industry broke all records in November and grew by more than $2 billion, according to BetaShares....
XTB has announced a further expansion of its range of corporate bonds, with four new XTBs now available to trade....
CommBank has said proposed changes to New Zealand legislation hybrid capital securities will not impact PERLS distributions....
Real Asset Management’s 2018 outlook showed global equities were expected to see stronger growth prospects than Australian equities. ...
Emerging market debt investors have become more interested in “blended” strategies that include both local and hard currency as well as corporate bonds, according to bfin...
Lonsec has awarded a ‘highly recommended’ rating to the Legg Mason Brandywine Global Opportunistic Fixed Income Fund....
Legg Mason’s global bond fund, the Western Asset Global Bond Fund, has surpassed A$100 million in funds under management....
Nikko Asset Management has launched a new leveraged buyout fund in Australia....
ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....
The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....
ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...