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Vanguard has received three infringement notices from ASIC over alleged greenwashing regarding overstating investment screens intended to prevent investment in tobacco sa...

Funds management • 2 December 2022

The acquisition of Government home equity scheme specialist Pension Boost has seen Household Capital become the largest provider of home equity retirement funding in Aust...

People & Products • 3 December 2022

MLC Life Insurance has appointed Catherine Dubé as an independent non-executive director and as chair of the board audit committee....

People & Products • 3 December 2022

Dealer group Spark Financial has entered into binding terms to become Australia’s first social business dealer group where 100% of its profits will go to charity....

Financial planning • 5 December 2022

The Financial Services Council has warned it would be unwise for ASIC to be given greater powers in creating financial services legislation and any steps towards this sho...

Financial planning • 5 December 2022

The Australian economy would see reduced household spending and considerable decreases in corporate earnings during 2023, according to Touchstone. ...

Funds management • 5 December 2022

Although China’s strict ‘zero-COVID’ policy has dampened its economic growth, this investment firm argues that long-term investment in China “remains strong”. ...

Funds management • 5 December 2022

The “era of easy money” is coming to a close, according to Fidelity, as the risk of a 2023 recession increases and inflation nears its peak....

Funds management • 5 December 2022

North, AMP’s investment platform, has announced their new managed portfolio service ‘Buy, Badge, Build’. ...

Funds management • 6 December 2022

Lance Oliver will take on the newly-created role of head of sales at Talaria Asset Management....

People & Products • 6 December 2022

A Monash University-led report has found women continue to have lower incomes and less superannuation than men, which is negatively affecting their health and wellbeing....

Financial planning • 6 December 2022

While firms are putting cybersecurity measures in place, there is still a risk a breach could occur if they fail to train staff in the new systems and processes and ensur...

Funds management • 6 December 2022

Industry experts are predicting a further December rise in interest rates today, with hikes expected to continue until mid-2023 to address inflationary pressures. ...

Funds management • 6 December 2022

There is debate among industry associations about the benefits of a ‘rules advisory committee’ as proposed by the Australian Law Reform Commission....

Financial planning • 6 December 2022

Magellan has seen funds under management fall to $50.2 billion with net outflows of $2.5 billion but two asset classes experienced a rise in flows. ...

Funds management • 6 December 2022

ASIC has commenced its first civil penalty case for alleged breaches of design and distribution obligations....

Funds management • 6 December 2022

It is hard to see financial wellbeing improving in Australia unless advice's methods and diagnostic technology is 'leveled up', writes Bernard Del Rey. ...

Expert Analysis • 6 December 2022

The Reserve Bank of Australia has increased rates by 25bps....

Funds management • 6 December 2022

ASIC has changed the status of the AFS licence for two financial services groups, one of which had its director banned in October over his refusal to pay AFCA determinati...

Policy & Regulation • 6 December 2022

Bank of Queensland has elaborated on its surprise decision to appoint a new chief executive to replace George Frazis....

Funds management • 7 December 2022
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 3 weeks ago

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

2 months 4 weeks ago

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

5 months ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

2 weeks 1 day ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

2 weeks 6 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

3 weeks 4 days ago