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| | Financial advisers must be mindful of the "legal uncertainty" that exists when applying the appropriate wholesale test on self-managed super funds (SMSF), according to the Australian Financial Complaints Authority (AFCA). AFCA senior ombudsman Alex ... |
| | | Novigi will wind up QMV Legal as its managing partner Jonathan Steffanoni embarks on launching a new specialist superannuation law firm. QMV Legal will fold on April 26, shortly after Novigi acquired the QMV Solutions business on February 1. "Novigi ... |
| | | The legislation housing the first tranche of financial advice reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) ... |
| | | In April the Bitcoin halving event will occur. This is when the amount of Bitcoin someone can mine from a Bitcoin block is halved, making the cryptocurrency more valuable. In anticipation of this event Australian investors have been stocking up on Bitcoin. ... |
| | | The Reserve Bank of Australia's (RBA's) latest Financial Stability Assessment has said that although risks to global economy have been balanced as inflation has eased, risks to financial stability remain. The Assessment said there is a possibility ... |
| | | T. Rowe Price has launched a new strategy that invests in government bonds targeting wholesale and institutional investors. The Global Government Bond High Quality Fund aims to achieve risk-adjusted returns across global bond markets issued by governments ... |
| | | UniSuper has named Mathew McCrum as its new head of fixed interest. McCrum has over 30 years of experience in the investment management, previously serving as a senior portfolio manager specialising in income-focused strategies at boutique firm Plato ... |
| | | BlackRock has high hopes, at least in the short term, that market sentiment is set to improve. In a market update, the asset manager said the potential for falling inflation, nearing interest rate cuts and solid corporate earnings will support "cheery ... |
| | | The Australian Council of Trade Unions (ACTU) will seek another 5% increase in the minimum and award wages as part of its submission to the Annual Wage Review. Each year, the Fair Work Commission hears from unions, employers, and governments before ... |
| | | 'Goldilocks' soft-landing view, deteriorating consumer health and a poor growth outlook this Australian reporting season hints at a hard landing. "After digesting the latest information from reporting season results and company meetings our analysis ... |
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