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Following the departure of Lukasz de Pourbaix in April, Lonsec has appointed a new chief investment officer and executive director....

People & Products • 10 August 2023

AMP CEO, Alexis George, expects to have an update on the BOLR class action this month but has not ruled out appealing the case, having set aside a “best estimate” of $50 ...

Financial planning • 10 August 2023

Clime Investment Management and TIP Group have partnered to launch My Financial Fitness, a new online financial education program aimed to strengthen Australians’ self-ma...

People & Products • 11 August 2023

Months after the departure of its Asia-Pacific chief executive, the advice fintech has appointed a new director of business development for the region....

People & Products • 11 August 2023

Former abrdn head of wholesale, Con Koromilas, has been appointed to Infinity Asset Management. ...

People & Products • 11 August 2023

Almost half of the advisers who have departed this year have been in the industry for less than 10 years while older advisers are pinning their hopes on the experience pa...

Financial planning • 11 August 2023

The corporate regulator has commenced its third civil penalty proceedings for alleged greenwashing with the superannuation fund holding investments in Russia when it had ...

Superannuation • 11 August 2023

The victims of an alleged Ponzi scheme run by Sydney conwoman, Melissa Caddick, have received their first payout with further payouts expected....

Financial planning • 11 August 2023

The $160 billion Aware Super fund has made a series of senior hires, with the new appointments joining from global roles at Pendal and AMP. ...

People & Products • 14 August 2023

Fidelity has promoted Jenn-Hui Tan to the newly created role of chief sustainability officer. ...

People & Products • 14 August 2023

Tackling issues around inappropriate scoping of advice, the Financial Services and Credit Panel has announced its first ‘written reprimand’. ...

Financial planning • 14 August 2023

The FAAA has warned advisers to be alert if their clients are in an underperforming super fund as this month’s APRA performance test is increased to certain trustee-direc...

Financial planning • 14 August 2023

As Westpac retains the BT platform business, a senior member of staff has returned to the firm after departing last year to lead its platform strategy....

People & Products • 14 August 2023

The global investment manager has appointed Melbourne-based Kevin Kandasamy as head of institutional distribution across the Australia and New Zealand business....

People & Products • 14 August 2023

Following the surprise departure of George Frazis last year, the Bank of Queensland has discontinued its CEO search and named a permanent successor....

Funds management • 14 August 2023

ASIC has permanently banned a Sydney financial adviser and cancelled the license of his business after he misappropriated investor funds....

Financial planning • 14 August 2023

Identifying this as a “high-quality opportunity”, Pacific Equity Partners joins IFM Investors and Citi in Household Capital’s financing package to provide retirement fund...

People & Products • 15 August 2023

As financial advice firms grapple with adviser retention and larger workloads, this coaching firm founder believes leadership programs are integral to support up-and-comi...

Financial planning • 15 August 2023

Staff at the RBA are in dispute with the central bank over working conditions and pay rises while its monetary policy board continues to hike interest rates. ...

People & Products • 15 August 2023

AMP chief executive, Alexis George, has shared her thoughts on Insignia’s new ownership model and whether it will follow its footsteps as it expects $50 million in advice...

Financial planning • 15 August 2023
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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 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 ...

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 3 weeks ago

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

1 week 2 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 ago

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

2 weeks 5 days ago