Rate tracking 'tricking' investors into financial loss

market-volatility/

Interest rate forecasts are a "distraction",  according to one asset manager, which has described the market as a “demonic beast”, working to “trick” investors into making poor financial decisions. 

AUTHOR

Finalists revealed for 35th Fund Manager of the Year Awards

Fund-Manager-of-the-Year/fund-management/

Five finalists will battle it out to win the coveted 2023 Fund Manager of the Year award at this year’s ceremony

AUTHOR

The time for Asian equities is now, says abrdn

abrdn/Asian-equities/China/

China’s reopening is leading the attractive path forward for Asian equities, but investors should remain selective, according to abrdn’s Asian equities investment director.

AUTHOR

VanEck slams ETF distortion ‘myths’ as active voices grow louder

ETFs/VanEck/active-investment/

EXCLUSIVE: The major product provider has rejected “hysteria” surrounding passive strategies and argues that ETFs do not distort markets.

AUTHOR

AMP issued $24m penalty for billing deceased clients

AMP-Life/amp-financial-planning/ASIC/

AMP Life and AMP Financial Planning have been issued a $24 million penalty by the Federal Court in relation to charging deceased clients for insurance and financial advice.

AUTHOR

MLC Life fined $10m for misleading customers

ASIC/MLC-Life/

The Federal Court has ordered MLC Limited pay a $10 million penalty for misleading customers and failing to pay promised benefits.

AUTHOR

Vanguard bolsters retail team amid restucture

vanguard/financial-advice/Superannuation/

The investment manager has announced the creation of two new divisions and outlined a new structure bringing together its superannuation and non-superannuation businesses.

AUTHOR

Tax deductible advice ‘a step in the right direction’

FPA/tax-deductable-advice/ATO/

With an ATO review underway to make financial advice tax deductible, Tangelo Advice Consulting’s Conrad Travers has reiterated why this would be a positive step forward for the industry.

AUTHOR

Younger investors lean into buy-and-hold strategies

OpenMarkets/online-trading/ETFs/young-investors/

Despite market volatility, Gen Y and Z investors are resisting selling pressures and opting for buy-and-hold strategies to build wealth, according to new data.

AUTHOR

Insignia Financial expands executive team

insignia-financial/Superannuation/

Insignia Financial has announced the appointment of a new chief risk officer (CRO) and chief member offi

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months ago

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

4 months ago

Entireti has unveiled the new name for the AMP financial advice businesses that it acquired last year....

4 weeks 1 day ago

A Sydney financial adviser has been permanently banned from providing any financial services, with the regulator deriding his “lack of integrity, trustworthiness and prof...

3 weeks ago

Minister for Financial Services, Stephen Jones, has provided further information about the second tranche of the Delivering Better Financial Outcomes (DBFO) reforms....

1 week 6 days ago