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| | | Both GQG Partners and Magellan Financial Group reported higher funds under management (FUM) today, but one has seen significantly more growth than the other. Magellan reported total FUM of $37.3 billion as at March 28, up from $37.2 billion on February ... |
| | | | The Compensation Scheme of Last Resort (CSLR) today opened its doors, ready to compensate about 2000 claimants who have long waited for redress. Inaugural CSLR chief executive David Berry told a media briefing: "We look forward to supporting a number ... |
| | | | ... "engaging in conduct that was liable to mislead the public and that it had made representations that were false or misleading." Today, Justice O'Bryan found Vanguard broke the law numerous times, breaching the ASIC Act when it made representations ... |
| | | | ... own financial well-being to the detriment of who comes next. And in the case of retirement, they're right," he said. "Today in America, the retirement message that the government and companies tell their workers is effectively: 'You're on ... |
| | | | ... legislation housing the first tranche of financial advice reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) ... |
| | | | ... for the Vanguard Australian Government Bond (VGB) Index ETF by four basis points from 0.20% to 0.16% per annum, effective today. This latest fee reduction follows two fee decreases introduced this time last year for the Vanguard Australian Fixed Income ... |
| | | | ... Baillon said the company is thrilled to support Perpetual in evolving their business and operating model. "To be successful in today's market, managers need a platform that provides flexibility in their operating environment and enables them to scale ... |
| | | | ... stopping inflation to see consumer-led recovery," he said. The rapid increase in interest rates since May 2022 from 0.10% to today's 4.35% has sparked worrying levels of stress for individuals and businesses and speaks to the cost money - which is no ... |
| | | | ... negative effect. "It is extremely concerning that because of these issues, the high quality and compliant financial advisers of today are being asked to fund compensation for the clients of Dixons, a firm which has been in administration now since January ... |
| | | | The Reserve Bank of Australia (RBA) is expected to keep interest rates on hold at 4.35% today but hopes for a rate cut around the corner may be off the table. In this month's Finder RBA Cash Rate Survey, 41 experts and economists weighed in on what ... |
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