ASX

Financial planning

There has been an increase in the number of women on ASX 200 boards but the unemployment caused by the pandemic has caused the timeline to gender economic equality to ris...

image
People & Products

This is the third attempt in less than a year by ARA Asset Management to elect its nominee Gary Weiss to the Cromwell Property Group board. ...

image
Financial planning

On the back of revealing a 7% decline in third quarter cash earnings, National Australia Bank has confirmed that client remediation continues to be a factor in exiting ML...

image
Funds management

Charter Hall’s retail real estate investment trust has seen its statutory profit 16.8% down for FY20 due to valuation movements....

image
Funds management

Bell Financial Group has reported a pre-tax profit of $23.5 million and a 7% increase in revenue to $129 million in the first half of 2020. ...

image
Financial planning

Wealth Today saw a reduction in new business revenue for many advisers between February and May due to the economic uncertainty and downturn from the pandemic....

image
Financial planning

Wealth Today’s parent company, ASX-listed WT Financial Group, sees potential for further improvement on costs side upon completion its exit of surplus office space progra...

image
Funds management

The Australian equity sector lost 9.5% during the first half of the year due to the COVID-19 pandemic, according to data, with only six funds reporting positive returns....

image
Policy & Regulation

IOOF has confirmed the final settlement of a class action brought against it related to a failed prosecution by the Australian Prudential Regulation Authority with no cos...

image
Funds management

Melbourne boutique manager, Datt Capital, which saw its absolute return fund deliver “stellar” results, has said the current environment is exceptionally good for active ...

image
Funds management

Powerwrap has posted inflows for the June quarter despite expected net flows not occurring due to the COVID-19 pandemic. ...

image
Funds management

The ASX All Ordinaries index could hit 6,600 in the next two to four weeks, according to Wealth Within’s chief analyst....

image
Financial planning

The most senior executives and members of the board have announced a belt-tightening in the face of COVID-19 but the company’s recruitment of new advisers has kept Perpet...

image
Funds management

A ratings downgrade generated by the sale of AMP Life has seen the company defending the strength of its balance sheet....

image
Funds management

Firms in need of emergency capital raising have been granted a four-month extension by the Australian Securities Exchange to 30 November, 2020, as Melbourne goes into a s...

image
sub-bgsidebar subscription

Never miss the latest news and developments in wealth management industry

MARKET INSIGHTS

GG

So shareholders lose a dividend plus have seen the erosion of value. Qantas decides to clawback remuneration from Alan ...

4 weeks 2 days ago
Denise Baker

This is why I left my last position. There was no interest in giving the client quality time, it was all about bumping ...

1 month ago
gonski

So the Hayne Royal Commission has left us with this. What a sad day for the financial planning industry. Clearly most ...

1 month ago

The decision whether to proceed with a $100 million settlement for members of the buyer of last resort class action against AMP has been decided in the Federal Court....

2 weeks 2 days ago

The Financial Advice Association Australia has addressed “pretty disturbing” instances where its financial adviser members have allegedly experienced “bullying” by produc...

3 weeks 3 days ago

ASIC has released the percentage of candidates who passed its August financial advice exam with the volume dropping to the lowest since November 2022....

2 weeks 2 days ago