The government has released further exposure draft legislation on the proposed objective of superannuation, reflecting feedback received from its first consultation earli...
The global investment manager has added three new options to its range of sustainable managed portfolios as the adviser demand for sustainable investment products grows....
The financial advice dealer group is in the process of liquidation and deregistration, Sequoia has confirmed, as the parent company seeks to achieve operational and cost ...
While some fund managers overstate their ESG credentials and others remove their sustainable outcomes entirely, it is transparent communication that will be critical to a...
Looking at changes in adviser numbers since H2 2021 in terms of appointments and resignations, research reveals just two licensee groups report a net positive change....
Melbourne-based Spatium Capital has seen its Small Companies fund outperform the benchmark in 16 of 20 quarters, its five-year performance figures have revealed. ...
The regulator has made an interim stop order on a registered managed fund promoted by K2 Asset Management due to deficiencies in the target market determination....
The corporate regulator has commenced civil penalty proceedings against Westpac for failing to respond to 229 customer hardship notices within the required time limit....
Spire Capital and Oaktree Capital Management have developed a fund for wholesale investors to access credit and special situation investments....
Abrdn has changed the allocation ranges of its multi-asset funds, allowing it to invest up to half the fund in international equities. ...
The investment manager has appointed Tushar Kale as its new chief financial officer following the departure of Andrew Plum at the end of June. ...
The global asset manager has extended its financial services licence to include retail investors, representing the next stage of its expansion in the Australian market. ...
The former ASIC chair has penned an open letter to the Treasurer and Assistant Treasurer asking for their support following a Senate appearance that detailed work, health...
The firm’s licensee services business was a “standout” despite weaker results in FY23, says CEO Garry Crole, with attracting existing advisers a key focus in this financi...
RBA governor, Philip Lowe, has made his final rate decision ahead of stepping down from the role later this month. ...
Domestic underperformance in the office sector means Australian property investors are turning their gaze towards global alternative real estate opportunities, portfolio ...
IMAP’s census of managed account FUM has risen by 9.8 per cent to $161.9 billion in the first six months of 2023....
The firm has announced it will no longer be writing new life insurance policies in the retail advised and corporate group insurance channels, citing a declining market an...
ASIC has been rapped for ignoring multiple tip-offs about the $180 million Courtenay House Ponzi scheme, waiting four years to take regulatory action. ...
The experience pathway has passed in Parliament today, three months after being introduced....
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...