KANIKA SOOD   Wealth managers who want to retain high-net-worth client assets through generations must engage better with their clients' heirs long before a wealth transfer happens, according to GlobalData.HARRISON WORLEY   The Financial Planning Association of Australia (FPA) is calling for greater gender balance in financial planning, citing increased consumer demand for female planners.

KANIKA SOOD   Nearly eight-in-ten managed funds in Australia failed to hit benchmark returns over a 10-year horizon, according to new analysis by InvestSMART.KARREN VERGARA   Australia's investment management firms lag behind Japan when it comes to using machine learning in investment strategies, a new Bloomberg survey shows.

KARREN VERGARA   In closing the sixth round of the Royal Commission, counsel assisting found that CommInsure, TAL and Rest may have engaged in conduct that fell below community standards after hearing "troubling" evidence from various case studies.HARRISON WORLEY   A $52 billion industry superannuation fund admitted to inadvertently breaching the Superannuation Industry (Supervision) Act (SIS Act) in a breach report filed with ASIC on the penultimate day of the Royal Commission's sixth round of hearings.

KARREN VERGARA   Federal Court proceedings supported by DomaCom have concluded, allowing an SMSF to invest in DomaCom's fund even if a related party is a tenant in the underlying property.KANIKA SOOD   Self-managed super fund trustees are using multiple SMSFs to manipulate tax outcomes, Australian Taxation Office deputy commissioner superannuation James O'Halloran said in his speech to the National SMSF Conference in Melbourne.

BENJAMIN ONG   It's not only OPEC (and non-OPEC oil producers) to blame. US President Donald Trump also had a hand in sending the price of oil higher when he reimposed sanctions on Iran in August this year.BENJAMIN ONG   Another new set of tariffs will take effect today in the on-going Sino-US trade battle.

KARREN VERGARA   ASIC will allow foreign companies that provide financial services to Australian wholesale clients to continue without the need of an AFSL until 30 September 2019.JAMIE WILLIAMSON   Financial services firms have until close of business today to register for membership of the Australian Financial Complaints Authority.

KANIKA SOOD   A $9 billion industry superannuation fund has appointed JP Morgan's vice president of communications to lead its brand and marketing.HARRISON WORLEY   FinTech Australia is on the hunt for a new chief executive, just four months after filling the role with a former Uber executive.

HARRISON WORLEY   The Australian Industry Group (AI Group) believes Labor's proposal to remove the $450 superannuation guarantee threshold will add more to employer costs than the retirement incomes of women.DARREN SNYDER   Superannuation industry lobby groups are welcoming Labor's election promise to address the super gender gap at retirement. They also believe more can be done.

KANIKA SOOD   A superannuation fund has terminated its administration contract with Mainstream after it announced plans to merge with a larger super fund in July.KANIKA SOOD   A $32 billion public sector fund manager's custody contract has come up for tender as it reviews the market for the best fit.

KANIKA SOOD   A Singapore-based family office is investing $34 million in an absolute return fund run by a fintech that offers a crowdfunding loan platform for small to medium enterprises.DARREN SNYDER   More than one-third of Australia's philanthropic giving is now tracked through a new online and interactive platform, answering calls for the industry to be more transparent.