COVID-19

Financial planning

National Australia Bank has taken a significant hit from COVID-19 related issues, with MLC Wealth also feeling the pain....

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Financial planning

ANZ staff have filed complaints of unfair treatment with the union as the bank is demanding they take leave during the COVID-19 shutdown, despite banks being classified a...

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People & Products

Research from Roy Morgan shows two-thirds of working Australians have seen their employment affected by COVID-19 Government restrictions....

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Superannuation

AMP’s first quarter cashflows have been impacted by COVID-19 and factors such as the loss of corporate superannuation mandates....

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Financial planning

Troubled property investment firm Mayfair 101 has launched its next strategy, a fixed income property bond investing in a tourist resort in Mission Beach, Queensland. ...

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Superannuation

Uncertainty caused by COVID-19 has lowered satisfaction levels with industry and retail super fund members but self-managed super fund and public sector fund member satis...

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Funds management

Investment strategies need to preserve capital, look for strong balance sheets and good quality assets that have been oversold as the scale of the economic shock COVID-19...

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Funds management

Although emerging markets offer unique exposure to both COVID-19 and the oil price crash, Western Asset sees value in the higher quality part of the market....

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Financial planning

There was an 8.9% decline in total wages in the financial services and insurance sector between 28 March and 4 April, one of the highest changes across industry sectors, ...

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Financial planning

Australia could ‘grow very strongly’ in 2021 according to Reserve Bank of Australia governor Philip Lowe, but the fallout from COVID-19 will ‘cast a shadow over the econo...

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Financial planning

New survey data commissioned by the industry funds suggests that up to a million people seeking early access to their superannuation are actually ineligible because they ...

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Superannuation

Superannuation funds may be opting for rapid out of cycle devaluations of their unlisted assets, but major ratings house, Chant West, argues those unlisted assets are sti...

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Financial planning

New research has confirmed that while financial advisers are busy helping their clients, they also have a strong focus on ensuring their own business survival in the curr...

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People & Products

The workplace mental wellbeing organisation has updated its online courses to help workers during COVID-19....

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Editorial

The Government and ASIC were right to act on making the provision of advice to confused and worried superannuation fund members and advice clients easier, but some import...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

2 months 2 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

2 months 3 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

4 months 3 weeks ago

ASIC has suspended the Australian Financial Services Licence of a Melbourne-based financial advice firm....

6 days 8 hours ago

The corporate regulator has issued infringement notices to three AFSLs whose financial advisers provided personal advice to a retail client while unregistered....

1 week 4 days ago

ASIC has released the results of its first adviser exam to be held in 2025, with 241 candidates attempting the test....

2 weeks 2 days ago