ASIC cancels Sydney advice firm’s AFSL

ASIC Sydney Wealth Data

ASIC has cancelled the Australian financial services licence of a Sydney advice firm, with the business having lost more than 30 advisers since the start of 2024.

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Lonsec Research partners with Fund Manager of the Year Awards

fund manager lonsec Lorraine Robinson research house

The research house has joined this year’s awards as a research partner and will bring its experience to the awards by selecting the group award finalists.

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FSC warns of missed opportunity risk in QAR legislation

FSC Blake Briggs quality of advice review Stephen Jones treasury Superannuation

Financial Services Council chief executive, Blake Briggs, is urging Minister for Financial Services, Stephen Jones, to take advantage of the QAR opportunity to reduce regulatory duplication and ensure advice is affordable.

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CoreData expands team to focus on ESG research

Australian Ethical CoreData Andrew Inwood research house

Global research consultancy CoreData has appointed Angus Dennis from Australian Ethical Investment as it expands its research into responsible and ethical investment.

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The Manager Mix – Fixed Income: Anthony Kirkham of Western Asset

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| By Anonymous (not verified) |

In this new episode of The Manager Mix, host Laura Dew speaks to Anthony Kirkham, head of Asia-Pacific i

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First QAR legislation introduced to Parliament

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

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Can AI positively boost asset managers’ AUM?

artificial intelligence FUM asset managers mercer

Investment managers who plan to implement artificial intelligence in the next five years expect to see increased productivity, but views are mixed on whether it will boost revenue and assets under management.

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WA individual sentenced over $57k insider trading

ASIC insider trading sentence

A former corporate adviser has been sentenced in the Supreme Court of Western Australia for insider trading to realise a profit of more than $57,000.

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AFCA appoints CSLR ombudsman

AFCA CSLR complaints Dixon Advisory

AFCA has appointed a senior ombudsman specifically to specialise in Compensation Scheme of Last Resort complaints, with the scheme set to come into force on 2 April.

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Room for improvement with self-employed clients

Business Health small businesses financial advisers

There is an opportunity for advice firms to improve their relationships with self-employed clients, as Business Health finds they report low satisfaction levels with their adviser’s performance.

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MARKET INSIGHTS

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

1 month 1 week ago

This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

1 month 2 weeks ago

Interesting. Would be good to know the details of the StrategyOne deal....

1 month 3 weeks ago

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

4 days 13 hours ago

Insignia Financial has confirmed it is considering a preliminary non-binding proposal received from a US private equity giant to acquire the firm. ...

4 weeks ago

Six of the seven listed financial advice licensees have reported positive share price growth in 2024, with AMP and Insignia successfully reversing earlier losses. ...

3 weeks 3 days ago