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Editor's Choice

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON
A former auditor who was busted for auditing her own husband's SMSF has seen her disqualification upheld by the Administrative Appeals Tribunal (AAT).

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN
The SMSF Association and Chartered Accounts ANZ (CA ANZ) have urgently called for the rejection of a newly proposed bill that would double tax on many Australians superannuation earnings.

Billionaires of all ages watching AI: Research

CHLOE WALKER
Across the globe, billionaires of all generations are watching and are likely to continue following the opportunities and risks of generative artificial intelligence (AI).

Gender pay gap a crucial diversity metric: FSI

RACHEL ALEMBAKIS
Improving reporting on gender pay gap and gender diversity will help investors assess where companies are addressing gender-based equality and inclusion and set the stage for engagement on diversity measures beyond gender, according to First Sentier Investors.

Allianz Retire+ adds 'industry first' feature to AGILE

JAMIE WILLIAMSON   Following industry feedback, Allianz Retire+ has made some updates to the Allianz Guaranteed Income for Life (AGILE) product it launched earlier this year.

Industry needs better retirement advice blueprint: Expert

KARREN VERGARA   Longevity risk, a greying population, and the proliferation of retirement income products are forcing financial advisers to be better equipped in navigating a landscape that is becoming increasingly more complex, an industry expert says.

Global X slashes ETF fees

CHLOE WALKER   Global X ETFs is reducing management fees on two of its fixed income ETFs, the Global X USD High Yield Bond ETF (USHY) and the Global X US Treasury Bond ETF (USTB).

Gender pay gap a crucial diversity metric: FSI

RACHEL ALEMBAKIS   Improving reporting on gender pay gap and gender diversity will help investors assess where companies are addressing gender-based equality and inclusion and set the stage for engagement on diversity measures beyond gender, according to First Sentier Investors.

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON   Treasury is calling for feedback on the use of genetic testing in life insurance underwriting, citing concerns the existing moratorium is ineffective, negatively impacting medical research efforts, and a lack of compliance from insurers.

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI   Over 80% of insurers are adopting a cautious investment approach, signalling their intent to decrease exposure to risk in the coming six months.

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON   A former auditor who was busted for auditing her own husband's SMSF has seen her disqualification upheld by the Administrative Appeals Tribunal (AAT).

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI   Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties.

CPI cools to 4.9%

CASSANDRA BALDINI   The Consumer Price Index (CPI) dropped faster than economists anticipated, coming in at 4.9% in October, a decline from 5.6% in September.

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN   The government will introduce a bill to parliament this week that proposes abolishing the treasurer's power to override the Reserve Bank of Australia's (RBA's) monetary policy decisions.

Morningstar cops greenwashing fine

KARREN VERGARA   ASIC slapped Morningstar with a fine for allegedly exposing investors to controversial weapons companies after proclaiming that its environmental, social, and governance (ESG) policy strictly excludes such investments.

FCA mulls capital requirements for firms giving bad advice

ANDREW MCKEAN   The UK's Financial Conduct Authority (FCA) has proposed mandating personal investment firms, commonly known as investment advisers, to pre-emptively calculate and secure sufficient capital for potential redress liabilities.

Former Schroders executive enters VC space

ELIZABETH FRY   Industry veteran Graeme Mather has joined Antler, the early-stage venture capital investor, as a global partner.

Link names retirement, super product lead

JAMIE WILLIAMSON   Link Group has named a chief product officer to lead the development and strategic direction of its retirement and superannuation solutions.

SMSF Association, CA ANZ rally against super tax changes

ANDREW MCKEAN   The SMSF Association and Chartered Accounts ANZ (CA ANZ) have urgently called for the rejection of a newly proposed bill that would double tax on many Australians superannuation earnings.

Future Group acquires Verve Super

JAMIE WILLIAMSON   Just a month on from taking on GuildSuper, Future Group has now acquired 100% of women-focused fund Verve Super.

Iress upgrades earnings guidance, accelerates transformation

ANDREW MCKEAN   Iress has upgraded its FY23 earnings guidance range from $118 million - $122 million to $123 million - $128 million, a result of its well-executed transformation strategy that stabilised revenues and tempered costs.

Aussie fintech growth counteracted by local challenges: EY

CASSANDRA BALDINI   Australia's fintech sector is showing signs of growth; however, it's still being held back by constrained local capital, complex regulatory challenges, and investor appetite for offshore opportunities.

Billionaires of all ages watching AI: Research

CHLOE WALKER   Across the globe, billionaires of all generations are watching and are likely to continue following the opportunities and risks of generative artificial intelligence (AI).

Buffett outlines plans for Berkshire Hathaway

CHLOE WALKER   Warren Buffett has laid out plans for Berkshire Hathaway (Berkshire) and his fortune in a rare letter published on the company's website.