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. 

Read more about:

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.

Read more about:

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.

Read more about:

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.

Read more about:

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.

Read more about:

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.

Read more about:

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.

Read more about:

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.

Read more about:

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

Read more about:

AUTHOR

sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...

2 months ago

Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

2 months 4 weeks ago

It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...

3 months ago

BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....

1 week 1 day ago

ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....

3 weeks ago

ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....

2 weeks 6 days ago
moneymanagement logo