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ASX
Funds management
A ratings downgrade generated by the sale of AMP Life has seen the company defending the strength of its balance sheet....
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...
Funds management
Centuria Capital Group has declared its full $174 million takeover offer for New Zealand-based Augusta Capital unconditional....
Financial planning
Sequoia Financial Group has entered into a purchase of assets agreement with Total Cover Australia, via the company’s wholly owned subsidiary InterPrac....
Funds management
As markets weathered the market crash caused by the COVID-19 pandemic, the ASX Small Ordinaries lost 6% during the financial year but performance by the utilities sector ...
Life/Risk
AMP Limited has sold AMP Life for $3 billion but will retain a 20% holding in Resolution Life Australia....
Financial planning
The sale of Madison Financial Group to Clime Asset Management is complete but OneVue will have to continue haggling with a major Chinese Sargon creditor....
Features
The ETF market in Australia is unlikely to reach the heights or complexity of the US, writes Laura Dew, but industry experts believe the space is still a fast-growing and...
Funds management
Australian equity performance does not reflect the strong COVID-19 crisis response by the country, making a catch-up rally likely in the future, according to T. Rowe Pric...
Funds management
MLC customers are being charged 0.1% for non-NAB owned investments and 0.15% for ASX-listed investments, according to reports....
Funds management
Fund manager Allan Gray is forecasting near-zero yields for the majority of ASX-listed companies in the future, although consumer staples may be able to buck this trend. ...
Life/Risk
AMP has cleared all the regulatory hurdles to complete the sale of AMP Life to Resolution Life on 30 June....
Funds management
Westpac is to divest its final 9.5% stake in Pendal as the company looks to “simplify operations”. ...
Life/Risk
Slater and Gordon have filed a class action against the bank for selling customers “worthless” insurance....
Funds management
The exchange traded product industry experienced the fourth highest monthly inflows in May at $1.66 billion, with $739.6 million directed at Australian equities, accordin...
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MARKET INSIGHTS
Podcast
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...