ASX

Financial planning

Clime Investment Management has emerged as the buyer of Madison. ...

Financial planning

Will the Iress acquisition of OneVue create a disruptor?

The proposed Iress acquisition of OneVue has surprised many but is explained by the synergies and returns which can be derived by leveraging technology and reach. ...

Financial planning

Iress moves to acquire OneVue

Financial services technology company, Iress has moved to acquire OneVue....

Financial planning

Chinese state-owned entity casts shadow on Madison sale

A Chinese state-owned entity has cast a shadow over OneVue’s sale of Madison. ...

Financial planning

All eyes on OneVue, Sequoia and Madison

OneVue is in trading halt on the Australian Securities Exchange and so is Sequoia as attention focuses on the future ownership of financial planning dealer group, Madison...

Funds management

Three ways to increase dividend income

Earnings of Australian companies have taken a material hit during the COVID-19 pandemic, putting pressure on dividend yields but there are ways to improve this, according...

Policy & Regulation

RC-based class action against IOOF settles quietly

IOOF has walked away from a class action initiated against it in the wake of the Royal Commission and action by the Australian Prudential Regulation Authority with a quie...

Funds management

Australian ETF industry still strong

Despite the market turmoil, the Australian exchange traded funds industry continued to show investors’ confidence in Q2 in this asset class, according to ETF Securities. ...

Funds management

ASIC calls on market participants to ‘act appropriately’

The Australian Securities and Investments Commission has written to market participants to ask they act appropriately to ensure a resilient stockmarket. ...

Funds management

Pandemic volatility spikes exceeded GFC

Intra-day volatility on the ASX 200 was significantly greater during the COVID-19 pandemic than during the Global Financial Crisis, according to Allan Gray....

Financial planning

35.85% of CountPlus not part of CBA/KKR transaction

Financial planning and accounting group, CountPlus has received confirmation from the Commonwealth Bank that 35.85% of the company registered to Colonial First State do n...

Life/Risk

CBA exits Indonesian life business

The last vestiges of the Commonwealth Bank’s involvement in life insurance has ended with its exit from its 80% stake in an Indonesian life business....

Financial planning

AMP dumps plans to exit wealth in NZ

In the absence of sufficiently attractive offers and in the face of the COVID-19 pandemic disruption, AMP has decided not to divest its New Zealand wealth management busi...

Financial planning

OneVue still trying to get a Sargon return

The Federal Court will ultimately decide how much OneVue retrieves from this week’s sale of the Sargon operating business, while the company maintains it is still on trac...

Funds management

A tale of four builders

There has been a sharp divergence in the fortunes of the four major construction firms with two seeing positive returns and two losing more than 40%. ...