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ASIC using intimidation tactics on grandfathering: AIOFPBY ELIZABETH MCARTHUR | WEDNESDAY, 16 OCT 2019 10:49AM
ASIC is using intimidation tactics to get product providers to shut down grandfathered commissions early, according to the Association of Independently Owned Financial Professionals (AIOFP).
Read more: AIOFP, ASIC, High Court, Corrs Chambers Westgarth, BOLR, AMP Financial Planners Association, AMPFPA, Buyer of Last Resort, Peter Johnston
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Report: Building stronger relationships with ESG investing
Former Ausbil microcap managers Tony Waters and Chris Prunty have come out on top of Mercer's Australian Shares Investment Manager Performance ranking, after their QVG Capital Long Short fund returned 29.3% for the year.
Global investment firm GMO has acquired a Japanese investment advisory firm and nabbed two senior executives from PGIM's quantitative investment manager QMA.
The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.
Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year.
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