The number of advisers who have ceased during 2023 is at 365, more than double the new entrants over the same period, and could approach 900 by the end of the year if the...
A trial investigating alleged misconduct by the wealth management company is slated to begin on Monday (5 June) and expected to run for up to five weeks. ...
ASIC has made its first interim stop order on a superannuation product as well as on three managed funds, all run by Spaceship Capital....
JBWere has appointed Cathryn Carver as chair, replacing Michael Saadie....
As the Fund Manager of the Year Awards near on 22 June, Money Management spoke to the Australian Large Cap Equity Fund finalists. ...
Less than 1 per cent of total advisers are ‘pure risk’ advisers as commission changes and premium increases drive them out of the profession or into new advice careers, s...
Prime Financial is seeking to double its revenue growth by 2025 thanks to a five-year business re-organisation which is now reaping rewards as it sets its sight on multip...
Innovation might be an opportunity cost borne by Australia’s regulatory environment, however some consumers may place more value in the human element of advice, according...
The former chief executive of an ASX-listed asset manager and industry veteran has joined the board of online investing platform Stake as chairman....
The asset manager has announced a currency-hedged option in a move towards reducing the potential impact of movements in the Australian dollar on investors’ returns....
The European asset management firm urged investors to turn their attention towards India, which is positioned for strong growth over the next decade....
Fund managers IFM Investors and ISPT have confirmed they are exploring the merits of a potential merger at the request of significant shareholders....
ASIC has suspended the AFS licence of a managed investment schemes and general advice provider after it failed to lodge financial statements and audit reports for the fin...
A former BNY Mellon managing director has joined MA Financial with a remit to further build on its institutional investor relationships in the real estate sector, with a ...
A year-long research programme by fund manager Alphinity and CSIRO aims to provide a framework to assess, manage, and report on responsible artificial intelligence risks....
Single disciplinary body the Financial Services and Credit Panel has published its first outcome, relating to an adviser who impersonated a client on the phone....
Four interim stop orders issued against Spaceship are the latest in a series of issues between the investment firm and the regulator over the last five years....
Contrary to claims that finfluencers are a more accessible alternative to advisers, this licensed finfluencer believes she plays a complementary role towards easing inves...
Magellan Financial Group has seen flat net institutional flows for the first time in a year while Australian equities outflows have moderated after significant outflows i...
A Brisbane financial adviser has been banned by ASIC after recommending his clients roll their superannuation into SMSFs and borrow to invest in residential property. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...