News

Further details on the government’s next package of advice reforms have been announced....

Understanding the difference between ESG, ethical and green investing

For many investors, the promise of ESG investing has been evasive and confusion around the term has led to many investors becoming disillusioned with their portfolios, wr...

Financial planning

Keystone AM to be wound up, advisers under investigation

ASIC has confirmed it is investigating the financial advisers who recommended investors to invest in the Shield Master Fund, as the responsible entity Keystone Asset Mana...

Financial planning

ASIC lifts the lid on internal dispute resolution complaints

The corporate regulator has shared details on how many investment and advice complaints were reported under the internal dispute resolution data reporting framework in FY...

Financial planning

‘Like winning the Grand Final’: Entireti’s Younger on AMP deal completion

Entireti chief executive Neil Younger has shared the responsibility and privilege he feels as the head of Australia’s largest advice licensee, and how he aims to prevent ...

Funds management

Asset managers vie for slice of robo-advice pie

Asset managers are seeking out acquisitions and strategic partnerships in the area of technology and robo-advice to benefit from an evolving wealth management landscape a...

Funds management

Aussie managers bring 2 equity funds to market

OC Funds Management and PAN-Tribal Asset Management have both launched equity funds, investing in Australian mid-caps and global equities, respectively....

Funds management

Magellan debuts first long-short product

Magellan has announced the launch of its first long-short product, its third fund arising from its strategic partnership with Vinva Investment Management....

Financial planning

AFCA and FAAA at odds over causes of industry failure

The FAAA and AFCA are in disagreement regarding how much of an industry collapse, such as Dixon Advisory, relates to product failure and how much relates to advice. ...

Financial planning

Netwealth passes $100bn FUA milestone

Two months after reporting its highest-ever quarterly growth, Netwealth announced it has passed $100 billion in funds under administration. ...

Funds management

Gender diversity improves in portfolio management, analyst roles

An FSC report found female representation in portfolio management and analyst roles has improved in 2024 amid diversity efforts, although the figure dipped drastically fo...

Funds management

Diversification demands drive managers to build out asset classes

PwC suggests asset managers are accelerating plans to build out their asset classes, supported by mergers and strategic partnerships, to capitalise on clients' diversific...