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| | | ... instructs the platform to execute that rebalance across all client portfolios at the same time. The adviser no longer needs to call every client and one decision now reaches every portfolio at once. Townsend says clients sign off upfront on the adviser's ... |
| | | | Financial Advice Association Australia (FAAA) said it will advocate strongly to expand the scope of the New Class of Advisers' to all financial advisers, which will currently be limited to only superannuation funds and life insurers. The reforms will ... |
| | | | ASIC and APRA have called on financial services firms to move beyond awareness of frontier artificial intelligence (AI) risks and demonstrate they can respond to threats unfolding at unprecedented speed. The regulators' warning follows nine industry ... |
| | | | Australia is in the grips of an unprecedented mental health crisis. It joins a league of other, what anthropologist Joseph Henrich coins as "Western, Educated, Industrialised, Rich and Democratic" or "WEIRD" countries, grappling with the perfect storm ... |
| | | | ... Aura PE Evergreen Income Fund, an evergreen private markets strategy designed to address the liquidity, income and capital call challenges. The Singapore domiciled fund targets 12-15% p.a. net returns and a 5% p.a. distribution yield paid semi-annually ... |
| | | | Macquarie's board has rejected KPMG as its auditor starting 2027 and will instead proceed with incumbent auditor PricewaterhouseCoopers (PwC). This comes after Macquarie chair Glenn Stevens was grilled at the August 14 parliamentary hearing over the ... |
| | | | The Australian Fiduciaries-linked APT Strategy has been reinstated as a member of the Australian Financial Complaints Authority (AFCA), paving the way for victims to come forward. AFCA today announced APT Strategy, which is in liquidation, is once again ... |
| | | | ... the market by losing less, giving investors a smoother path to participate in emerging-markets growth over the long run. We call this winning by not losing." |
| | | | ... uplifting private credit sector practices," Briggs continued. "The FSC and our members have responded in good faith to ASIC's call for enhanced industry standards, to help address the legitimate concerns ASIC and the Reserve Bank of Australia have towards ... |
| | | | The Financial Advice Association Australia (FAAA) says it welcomes the legislative changes aimed at addressing the so-called "widow's tax," noting the amendments will protect grieving families and individuals navigating relationship breakdowns from ... |
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