finance

Policy & Regulation

Crack down on ‘phoenix’ business behaviour

The ATO deputy commission has warned individuals to be mindful of phoenix business behaviour after the ATO and the AFP executed six search warrants. ...

Policy & Regulation

Sydney liquidator's registration cancelled

A Sydney-based liquidator has had his registration cancelled by the liquidator board for neglecting his duties on several occasions. ...

Policy & Regulation

ASIC consults on risk management guidance

ASIC said it wants responsible entities to have minimum risk management practices and procedures in place, that are of an international standard. ...

Funds management

Technology craze or investment opportunity

Technology funds were cheap and offered strong long-term investment opportunities, according to BT Investment Management’s head of global equities. ...

Financial planning

FSC repeats policy implementation push

The FSC has repeated calls to reintroduce and implement a backlog of life insurance and super reforms, while introducing legislation to increase financial adviser standar...

Financial planning

HNW investors reject model portfolios

With high net worth investors rejecting model portfolios, it was time for distribution teams to carry out effective segmentation through robust CRM systems to gain real i...

Financial planning

Advisers should hedge clients against cognitive decline

The financial services industry should manage the risk of cognitive decline in an ageing population and its impact as a strategic issue, according to SSGA....

Financial planning

Varying quality in IPO due diligence

ASIC has found a close correlation between defective disclosure in a prospectus and poor due diligence in IPO issuers....

Funds management

Lower your return expectations: Eaton Vance

Investors should lower their return expectations across all asset classes and hunt for yield in areas that included US corporate debt. ...

Superannuation

Vision Super self-administers

Vision Super has gone against the grain by implementing a self-administration platform....

Superannuation

Industry fund recruits CFS executive manager

Mine Wealth + Wellbeing has recruited CFS executive manager, Vasyl Nair, as its new chief strategy officer....

Financial planning

Digital drive ramps up finance hiring

Employers in finance, insurance and real estate plan to boost headcount in Q3 2016 as firms look for specialised IT skills to keep pace with technological developments an...

Financial planning

Property spruiker restrained from marketing ‘no money down’ investment opportunity

ASIC has secured orders restraining a property developer from promoting an “investment proposal”, which sought to counsel investor to breach the ASIC Act....

Financial planning

Industry to go paperless?

The Australian Securities and Investments Commission (ASIC) has given the green light to businesses to provide customers with information in digital form....

Financial planning

YBR launches Women in Finance initiative

Yellow Brick Road has launched a Women in Finance Group to provide support for women in finance and small business operators working in a male-dominated space....