The changes brought in to adjust the BOLR policy were ‘simple’ and did not require extended consultation beyond a few days, according to a senior AMPFP executive....
Enda Mahoney, former chief technology officer at Mason Stevens, has taken up a similar role at Ignition Advice with the remit of leading its platform and product division...
Magellan's funds under management have fallen below $40 billion as at the end of the 2022–23 financial year after institutional outflows returned after a lull in May....
The online trading platform has paid the largest ever penalty imposed by the Markets Disciplinary Panel for breaching market integrity rules and has entered into an enfor...
Winner of Global Property Securities Fund of the Year at the Fund Manager of the Year awards, Quay Global Investors has discussed where the property tailwinds lie and the...
Wealth Data has shared how many advisers left the industry in the last financial year and how they compare to the previous financial year....
The median balanced super fund option has managed to beat expectations for returns in the last financial year thanks to strong performance by equities and listed property...
With the belief that markets are oscillating between fragility and resilience, the investment manager has outlined three themes it expects to see in the third quarter of ...
Australia’s nascent tech sector was the leader in the last financial year while financials and materials, which make up half the ASX 200, saw slower returns. ...
Challenger has completed the sale of its Australian real estate business to Elanor Investors Group for $38 million, a reduction of $4 million, as the two firms form a str...
Cromwell Funds Management has entered into a merger implementation deed with Australian Unity Property Ltd....
Select AFSL sales agents, which was penalised by the Federal Court last week, undertook a ‘Refer a Friend’ program without the consent of referred persons that caused an ...
Noting suspicious ‘investment opportunities’ offered by the Hong Kong-based asset manager, the corporate regulator has raised concerns for local consumers invested in the...
Retail investors and financial advisers will now be able to invest in the actively managed Bentham Global Opportunities Fund with a minimum investment of $10,000....
Kejal Somaia, co-head of multi-asset solutions at First Sentier Investors, has departed the firm after 17 years. ...
Outlining the three sectors likely to do well in current market conditions, this portfolio manager explains why it is too simplistic to lean on large caps and blue-chip c...
BlackRock and VanEck have reduced fees on several of their ETFs, all focused on property and infrastructure....
Anticipating some economic weakness in the months ahead in its 2023 midyear outlook, the investment manager has shared its 10-year annualised return forecasts for Austral...
Driven by the desire to access new segments, build market share, and diversify product offerings, there is a resurgence in M&A and partnerships among asset managers, acco...
The regulation of financial advice is one of the highest priorities for the Australian Law Reform Commission as it looks to revamp financial services legislation....
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...