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Vihari Ross, who was responsible for leading Magellan’s 30-person global research team, has moved to Antipodes as a portfolio manager. ...

People & Products • 29 March 2023

IMAP’s Census of Managed Account FUM has reported over $10 billion of inflows in the last six months of 2022, recording a 9.8% rise in funds under management from the pre...

Financial planning • 29 March 2023

The rise in interest rates is having a knock-on effect on financial advice M&A activity as buyers are finding themselves approved for financing that is up to 30% lower th...

Financial planning • 29 March 2023

The latest monthly CPI reading has shown annualised inflation fell for the second consecutive month in February....

Funds management • 29 March 2023

The global asset manager has received a formal warning from the New Zealand financial regulator after failing to disclose earlier ASIC infringement notices as required un...

Funds management • 29 March 2023

The holding company of an alternative asset manager has been fined $123,000 for failing to lodge annual financial report, the largest fine handed down from these breaches...

Funds management • 29 March 2023

Australia has been described as one of the worst countries in the world for transparency of portfolio holdings as clients and the regulator seek more information on susta...

Funds management • 30 March 2023

According to this cyber security professional, the trusted relationships between advisers and their clients are the target for infiltration by hackers and firms need to e...

Financial planning • 30 March 2023

With more Professional Year candidates passing their financial adviser exam this week, an associate adviser has shared why graduates shouldn’t rush to become advisers and...

Financial planning • 30 March 2023

Financial adviser Jeneve Matai’s ban for providing a ‘layered advice’ strategy would remain after his appeal to the Administrative Appeals Tribunal was refused. ...

Financial planning • 30 March 2023

Stock exchange Cboe has completed its technology migration, increasing its capacity to launch products and increase its market competition in Australia....

People & Products • 31 March 2023

The FPA’s Future2 Foundation will now include participants from the Association of Financial Advisers and the SMSF Association as board director Sarah Abood steps down. ...

People & Products • 31 March 2023

Despite market volatility, some 42 products were launched in the last 12 months, and the ETP industry could reach a record $200 billion in the next three years, according...

Funds management • 31 March 2023

With Australians warming up to the idea of advice since the QOA Review, firms are already seeing ‘overwhelming’ client volumes and need to be prepared to meet that demand...

Financial planning • 31 March 2023

There has been a net gain of 15 advisers joining the industry this week, including nine new entrants following their exam pass. ...

Financial planning • 31 March 2023

The consultation paper on doubling the concessional tax rate for superannuation balances exceeding $3 million would take feedback from stakeholders until mid-April. ...

Superannuation • 31 March 2023

GCM Grosvenor has opened an office in Sydney and appointed Andy Lukas as managing director of its Australia and New Zealand operations....

People & Products • 3 April 2023

Sydney-based wealth manager Sarto Advisory has launched its own online investing solution with OpenInvest to help younger investors....

People & Products • 3 April 2023

Andrew Russell, who spent three years as chief executive of Class, has been appointed interim chair of Bravura Solutions as Neil Broekhuizen departs after 14 years....

People & Products • 3 April 2023

With at least five financial adviser bans, including an adviser who falsified his exam result, the corporate regulator has had a busy start to the year. ...

Policy & Regulation • 3 April 2023
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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 3 weeks ago

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

4 months 4 weeks ago

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

1 week 4 days 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 2 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 ago