Government provides $4.3m for ASIC greenwashing actions

ASIC is to receive an extra $4.3 million from the government to crack down on businesses making misleading sustainability claims as part of plans for an Australian Sustainable Finance Taxonomy.

AUTHOR

What can be done about adviser exam delays?

Long delays encountered by candidates sitting the financial adviser exam online are the result of “users’ system issues”, according to ASIC.

AUTHOR

JAWG pushes Jones for faster QAR implementation

The Joint Associations Working Group (JAWG) has urged the Government to act quickly on measures in the Q

AUTHOR

Global X expands portfolio management team

Global X ETFs has appointed Jessica Leung from BetaShares as its newest portfolio manager.

AUTHOR

Financial planner jailed for nine years for $3.3m fraud

A Sydney financial planner has been sentenced to a maximum jail term of nine years after pleading guilty to 12 counts of dishonestly obtaining financial advantage by deception.

AUTHOR

Equities to come out of earnings ‘valley’: Munro Partners

Investor appetite for equities is set to recover as markets “look through the valley” to the other side of the bear market, according to the fund manager.

AUTHOR

Can Australia restock its supply of financial advisers?

Dwindling numbers of Australian advisers is a major concern, but BT Financial chief executive Matt Rady says the thriving UK market gives him hope that Australia can attract new blood to the profession — provided we go about it the right way.

AUTHOR

It's time for ESG funds to dump toxic tech exposures

A conversation between Elon Musk and Google co-founder Larry Page reveals the sociopathic nature of the Big Tech companies that dominate ESG funds.

AUTHOR

Magellan shuns banks amid recession doubts

Magellan has begun positioning its $7.3 billion Global portfolio for a recession, which it believes is a likely scenario this year.

AUTHOR

Investment exec departs Morgan Stanley Private Wealth

Nathan Lim had been with the firm for seven years and was responsible for forming its asset allocation and portfolio management capability for Australia and Asia.

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

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

2 months 1 week 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 1 week 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 1 week 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. ...

3 weeks 3 days 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 1 day ago

Having divested its advice business in August, AMP is undergoing restructuring in at least four other departments amid a cost simplification program....

2 weeks 5 days ago