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| | | Australian Securities and Investments Commission (ASIC) commissioner Simone Constant did not hold back when addressing superannuation trustees at an industry event yesterday. Constant said the regulator expects much more from super funds in being transparent ... |
| | | | Ethical investment groups Ethinvest and Future Group are backing an investor campaign to stop media giants Seven West and Nine Entertainment from running gambling ads. Ethinvest, a financial planning group, and Future Group, the parent company of super ... |
| | | | ... no where near the magnitude of 2019-2022. Extrapolating the continuation of the 2019-2022 trend would have seen Australian run out of advisers by 2027. However, if we took the more recent three year average, we add another 10 years before we run out ... |
| | | | Monash Investors has confirmed the completed merger with DMX Asset Management as of August 12. Following the merger, DMX AM portfolio manager Michael Haddad has been named co-portfolio manager with Monash Investors. "Michael hit the ground running ... |
| | | | Vanguard, Betashares, iShares, and VanEck have attracted most of the ETF inflows in Australia for 2024, with competition among these issuers fierce. Vanguard led with $4.07 billion in inflows, followed by local player Betashares with $3.98 billion ... |
| | | | Commonwealth Bank (CBA) has warned that the extraordinary amount of savings Australians amassed during the pandemic will run dry by the end of the year. CBA said Australians had accrued around $300 billion in additional savings during the period, as ... |
| | | | Iress, the advice software provider, has appointed a new executive to run its superannuation business, hiring from Insignia Financial. Sam Wall has over 25 years' experience in superannuation, investments, wealth and insurance, leading teams across ... |
| | | | UK regulators have proposed rules for a new 'Value for Money' framework for default workplace defined contribution pension schemes, which has been likened to an "evolved version" of the APRA performance test. The joint framework, developed by the Financial ... |
| | | | AMP will sell its advice licensees and support services business to Entireti and AZ NGA and offload its minority stakes in 16 individual practices. It comes as the advice business reports a net loss of $15 million. Entireti, formerly Fortnum Private ... |
| | | | Family offices are becoming more professional, but they face significant challenges, particularly with regulation and compliance, according to an international study by Ocorian. The research from Ocorian revealed that of the approximately 300 family ... |
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