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| | | Treasury has begun consulting on banning the advertising of superannuation products when onboarding employees, releasing its draft regulations. When hiring new staff, Treasury is proposing that employers only show three types of superannuation products ... |
| | | | The Federal Court has ordered Oztures Trading, known as Binance Australia Derivatives, to pay $10 million after it was found to have misclassified more than 85%, or 524, of its retail clients between July 2022 and April 2023. ASIC commenced legal proceedings ... |
| | | | ... expansion into private wealth and family office channels. He has also held senior roles at Perpetual Investments, Colonial First State, Rabobank, Citigroup, Commonwealth Bank, and Deutsche Private Bank, building deep relationships across independent ... |
| | | | The Financial Services and Credit Panel (FSCP) issued a reprimand to a financial adviser who recommended a client roll their super over to another product, costing them their insurance coverage. The financial adviser was reprimanded this month, after ... |
| | | | Victory Capital has pulled out of the race to acquire Janus Henderson, saying it was "disappointed" with the process and engagement with the latter's special committee. This leaves on the table the bid made by Trian Fund Management and General Catalyst ... |
| | | | Contact Asset Management is closing its only fund, but the boutique isn't going anywhere, continuing as manager of BKI Investment Company. Contact Asset Management began winding up its Australian Ex-50 Fund earlier this month following a review ... |
| | | | ... businesses like FMT can deliver strong long-term returns for members while supporting jobs and economic growth across the state. |
| | | | When Melinda Kee was sick with COVID-19, she took respite for one week. Kee saw it as an opportunity to tick off some personal administration she'd been meaning to get to, such as changing her pet and health insurance, and electricity and gas providers. ... |
| | | | ... Generation Life were the biggest winners, with each taking home three awards on the night. Other winners included Colonial First State, Fidelity International, La Trobe Financial, and UniSuper. In all, there are 21 awards to be won across six categories ... |
| | | | ... volatility compared with those not in managed accounts. Investment Trends' latest Managed Accounts Report, supported by State Street Investment Management, found the investment vehicle has firmly entered the mainstream as advisers respond to heightened ... |
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