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| | | The proposed Compensation Scheme of Last Resort regime has several flaws that will overlook the protection of certain investors, a parliamentary inquiry heard. In discussing the Standing Committee on Economics Financial Services Compensation Scheme ... |
| | | | As he marks 90 days as chief executive, Matt Rady tells Financial Standard how, despite the industry exodus and the company's own challenges in 2021, financial advisers are increasingly turning to BT Financial Group. Speaking with Financial Standard ... |
| | | | From skyrocketing property prices to a foreboding stock market crash, financial advisers reveal their clients' main worries in 2022. Wild swings across the local and international share markets is a concern for many clients, particularly as indices ... |
| | | | Insignia Financial reported an exodus of self-employed advisers in the December 2021 quarter amid an overhaul of its advice fee model. The company, which recently shed the name IOOF, lost 118 advisers during the period. Most advisers (94) who left were ... |
| | | | EG Funds (EG) has acquired two fully leased retail assets in Melbourne and Brisbane on behalf of its private wealth division. The latest of the two, the Anglers Tavern, at 2 Raleigh Rd, Maribyrnong VIC, was purchased for $23.33 million and is located ... |
| | | | ASIC's watchful eye over on the contracts for difference sector has forced investors to retreat from the risky trading strategies. The number of investors transacting in CFDs and foreign exchange in the 12 months to November 2021 declined 15%, Investment ... |
| | | | HUB24 has reported record platform inflows for the December quarter of the financial year. HUB24 saw platform net inflows of $3.6 billion during the quarter, including $349 million transitioned from externally administered legacy IOOF private labels ... |
| | | | Another two covid years over, a new one's just begun. Although still not proved beyond the shadow of a doubt, since the first bat flapped its covid wings in Wuhan (China), it has gone through several mutations - most notably, Alpha, Delta and now Omicron ... |
| | | | Pendal Group has appointed a new chair in Deborah Page. Effective today, Page takes over the role of chair from James Evans, who was appointed in 2013. Evans joined the ASX-listed company's board in 2010, helping oversee funds under management grow ... |
| | | | The wealth of Australia's 47 billionaires has doubled to $255 billion in the last two years, according to anti-poverty charity Oxfam. A briefing published today by Oxfam, Inequality Kills, has warned of the deadly nature of the world's growing ... |
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