'Collaborative and open approach': Industry reacts to Stephen Jones' retirement

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The industry has reacted to the retirement of Stephen Jones as Minister for Financial Services, recognising his efforts on reforming financial advice.

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Perpetual falls back to outflows in Q2

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Perpetual has released its Q2 fund flows showing a fall back into outflows after a positive Q1, as well as an update on its planned deal with KKR.

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AFCA bids farewell to operating chief

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AFCA has confirmed its chief operating officer, Justin Untersteiner, will be departing the organisation in March to take up a CEO role.

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Australian clients lead the way for private markets enthusiasm

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Australian advised clients are the most eager among global peers to invest in private markets, according to Hamilton Lane, with their knowledge of the asset class also being higher.

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Relative Return Unplugged: What the arrival of an AI challenger means for US tech stocks

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The emergence of DeepSeek, a Chinese artificial intelligence (AI) start-up that claims to have built an advanced large language model in just two months for under US$6 million, sent shockwaves through the AI world and cratered US tech stocks.

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Navigating the AT1 hybrids transition

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Magellan investment head to depart after 18 years

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Magellan has announced a raft of executive changes including the departure of head of investments, Gerald Stack, after 18 years and a second appointment from Maple-Brown Abbott.

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Stephen Jones to retire

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Minister for Financial Services, Stephen Jones, has announced he will be retiring at the upcoming federal election.

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When is an alternative not an alternative?

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The widespread use of alternatives could lead to erosion of the very elements that make them alternatives, according to EY, as fund managers make them more palatable to retail clients.

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Franklin Templeton scraps Martin Currie branding

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Franklin Templeton is to get rid of its Martin Currie branding and fold them into the wider group under ClearBridge Investments and Franklin Equity Group.

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 2 weeks ago

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

5 months 2 weeks ago

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

7 months 3 weeks ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

1 week 4 days ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

3 weeks 4 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

2 weeks 2 days ago