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Code monitoring move disappoints industryBY ELIZABETH MCARTHUR | MONDAY, 14 OCT 2019 12:05PM
Treasurer Josh Frydenberg and Assistant Minister Jane Hume announced the government will accelerate its implementation of the Royal Commission's recommendation to establish a single disciplinary body for financial advisers.
Read more: AFA, Code Monitoring Australia, Assistant Minister Jane Hume, FASEA, FPA, Treasurer Josh Frydenberg, Association of Financial Advisers, Boutique Financial Planners, Brad Fox, Code of Ethics, Financial Planning Association of Australia, Financial Services Institute of Australasia, Judith Fox, Self-Managed Super Fund Association
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Victoria Funds Management Corporation has promoted a senior portfolio manager to head of equities, and hired from outside the company to fill the vacant role
The government's move to extend the ban on conflicted remuneration to listed investment companies and trusts is expected to provide financial advisers with some much needed certainty.
Aussie equities fund managers steadily improved in performance relative to benchmark from January to March, according to an updated SPIVA Australia Scorecard from S&P.
In the pre-pandemic world, there was a lot of talk around passive investment but now that the markets have taken investors on a rollercoaster ride, are the active managers leaving or just biding their time?
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