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| | | Amid a rapidly evolving regulatory space, and the need to keep pace with innovation, financial advice has been thrown into a dynamic environment that's always changing. As a result, the sector requires constant support to remain compliant and keep ... |
| | | | The European Central Bank (ECB) has raised the interest rates on the deposit facility by 25 basis points to 2.5%, in a bid to stabilise inflation at its 2% target in the medium term, as conflicts in the Middle East continue to generate inflation pressures. ... |
| | | | The looming passage of a major bill will amend how levies are collected under the Compensation Scheme of Last Resort (CSLR) and, in turn, speed up compensation payments to eligible victims. The reform is part of the Regulatory Reform Omnibus Bill 2026 ... |
| | | | Diversa Trustees' board paid chief executive Andrew Peterson a bonus of $770,000 and increased his salary at the height of the First Guardian collapse, an inquiry heard, doubling down on its confidence in his leadership and suitability to lead the ... |
| | | | ... Diversa is continuing to deflect responsibility. Clearly, there are structural problems..." she said. The panel went on to press the management team on how its due diligence in onboarding and monitoring First Guardian differed from Netwealth's and ... |
| | | | Aaron Binsted will join Schroders Australia in early November as a portfolio manager and analyst after 24 years at Lazard Asset Management. Binsted co-led Lazard's Australian equities strategies for the last 15 years. He will join Schroders' ... |
| | | | The Australian economy grew 0.4% in the June quarter, growing 2.1% in the year to June 2026. HSBC chief economist Paul Bloxham said the stronger growth performance was "particularly surprising" given a sharp fall in consumer and business sentiment. ... |
| | | | The Committee for Economic Development of Australia (CEDA) has warned while a dramatic cut in headline migration figures might be seductive, changes at scale will have a spillover in the economy including the labour market. The government's immigration ... |
| | | | Kaplan Funds Management has shuttered its $12.6 million Kaplan Pooled Superannuation Trust (PST) amid merger pressure from prudential regulator APRA. As trustee, Diversa Trustees told investors the move reflects the rising costs and compliance obligations ... |
| | | | Sequoia will not pay any dividends in the financial year, revoking interim dividend it had announced earlier in the year of one cent per share, as an adviser exodus puts pressure on its revenue. In addition, the group announced its chief financial officer ... |
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