Editor's Choice
KANIKA SOOD
Phil King's Regal Funds Management has returned money to external investors for one of its smaller funds, but will continue to run the strategy internally.
ALLY SELBY
In a somewhat surprising move, banks are lifting some of their term deposit rates despite the Reserve Bank of Australia slashing the cash rate to an all-time low of 0.25% last week.
KANIKA SOOD
Pinnacle Investment Management's director of institutional sales is leaving the role for a $12.8 billion multi-boutique.
JAMIE WILLIAMSON
The major life insurer has confirmed several roles within its life insurance distribution team have been made redundant as a result of a restructure.
ELIZABETH MCARTHUR   A former authorised representative of Charter Financial Planning has been charged over what the judge described as a betrayal of his clients.
ALLY SELBY   Advisers are the most trusted source of information surrounding the impacts of COVID-19, above government sources and the media, according to research coming out of MLC Wealth.
ELIZA BAVIN   Extreme market volatility has left many portfolios in need of some rebalancing but investors should be cautious of their timing while volatility remains high, according to Xplore Wealth chief executive Michael Wright.
KANIKA SOOD   Phil King's Regal Funds Management has returned money to external investors for one of its smaller funds, but will continue to run the strategy internally.
JAMIE WILLIAMSON   The major life insurer has confirmed several roles within its life insurance distribution team have been made redundant as a result of a restructure.
ELIZA BAVIN   Two of the country's biggest insurers have halted cover for COVID-19 for some new customers, in new exclusions since the outbreak of the virus.
ELIZABETH MCARTHUR   Self-managed super fund professionals and trustees may be feeling some deja-vu, as the same measures that were used in 2008 have been brought in to guide the sector through the COVID-19 pandemic.
ELIZA BAVIN   SMSFs are expected to outperform in the current climate, due to higher than average exposures to cash and other low volatility assets, according to Rainmaker research.
BENJAMIN ONG   The virus will dictate the time it takes for economic activity to return to normal, just as it will dictate the depth of the recession, the height of the unemployment rate and the amount of additional dollars spent to bribe it to go away.
ELIZA BAVIN   The Reserve Bank of Australia has injected around $2 billion into state bonds, as it expands its unconventional monetary policy measures.
JAMIE WILLIAMSON   The Full Federal Court has confirmed the directors of Storm Financial Group breached their duties as directors, dismissing their appeal of ASIC's 2016 decision.
ALLY SELBY   The Australian Financial Complaints Authority will shift its dispute resolution approach, prioritising complaints that relate to COVID-19.
HARRISON WORLEY   A former Westpac operations manager has been appointed to lead the financial advice capabilities of a listed wealth manager.
ELIZABETH MCARTHUR   The former chief operating officer for Link Fund Solutions has a new role in client relationship management.
HARRISON WORLEY   As unemployment continues to rise, latest analysis of the implications of the government's early access to super initiative has seen the estimated cost of the measures almost double.
HARRISON WORLEY   The scattergun approach of fraudsters looking to cash in on the early release of unaware Aussie's super has backfired, with one scammer copping an earful from a financial planner he tried to swindle.
HARRISON WORLEY   The Australian Stock Exchange has been forced to delay the replacement of its CHESS system.
ALLY SELBY   Netwealth and HUB24 have kept interest rates on cash accounts at 0%, following the Reserve Bank of Australia's rate cut of 25bps on Thursday.
KANIKA SOOD   There's now an index that tracks the value of collectable Hermes bags and they returned 13% in 2019, beating annual returns of other collectables like cars, jewellery, art and rare whisky.
KANIKA SOOD   Sydney is more expensive than Dubai and has the world's priciest business class flights but best-value luxury shopping, says a new report.
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