Wealth Data’s Colin Williams expects financial advice licensees recommencing to be a common trend throughout this year, as nine licensees have restarted over the past fou...
Smaller licensees should be aware that they are just as much on ASIC’s radar as their larger counterparts as increased data and technology means the regulator has greater...
Advisory and asset management group Prime Financial has announced it will acquire a fund management platform and its two funds as it seeks to launch a diversified alterna...
A new US ad campaign is criticising Vanguard, which has previously received two greenwashing notices from ASIC, for its alleged role in “fueling the climate crisis” thro...
The Year of the Dragon could see a temporary rebound in Chinese equities and opportunities for contrarian investors to pick up stocks at cheap valuations, according to co...
Colonial First State has launched CFS 10x, a program designed to help financial advice practices grow their business....
Count has made its latest acquisition of a company that provides offshore services for advisers out of India, continuing the expansion of its services segment....
Fiducian has reported a 23 per cent rise in net profit after tax in the last six months of 2023, but non fee-paying clients led to a fall in funds under advice....
ASIC has cancelled the Australian financial services licence of Sydney-based Brava Capital, which was charged last October for allegedly failing to lodge financial accoun...
Large licensees are looking to take minority stakes in smaller ones as a way to retain a presence in the industry, but the smaller party needs to ensure it doesn’t create...
ASIC has permanently banned a Perth financial adviser following his convictions of fraud....
The director was pulled up last year over providing unlicensed financial product advice....
The boutique asset manager has appointed a former acting chief executive of Challenger Funds Management to its board as a non-executive director....
Challenger’s Funds Management business benefitted from strong net flows of $5.6 billion on the back of a “diverse offering and investment for growth”. ...
The Financial Services Council says the sophisticated investor test needs to be updated to protect consumers....
As concerns regarding cyber crime grow, a consultant has shared her doubts regarding whether self-licensed financial advice practices are prepared to mitigate the risks o...
AMP has reported an underlying NPAT loss of $47 million in the full year 2023 for its advice division as it focuses on making advice a standalone business and announced a...
In a reversal of muted flows last year, January saw the highest inflows go to international equity ETFs, while the broader ETF market surpassed $180 billion in FUM....
Global fund managers are no longer predicting a recession for the first time in almost two years, according to Bank of America, with bullish sentiment continuing to rise....
Improving Australians’ financial literacy through advice is the best way to achieve greater demand for longevity risk products, according to the FAAA, rather than governm...
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...