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| | | A former United Global Capital (UGC) financial adviser has had his banning order shrunk by half after a successful appeal to the Administrative Review Tribunal. Milutin Petrovic was banned from providing financial services or performing any function ... |
| | | | ... resolve the large number of similar cases efficiently and fairly, it adopted the lead decision approach, allowing it to select a case that "best represents" the group. In the FSGA lead decision, AFCA found the complainant received personal advice in ... |
| | | | Ascalon Capital is expanding its institutional advice offering with the appointment of an executive general manager of asset consulting. The consultant has confirmed the appointment of Steven Tang who brings experience in portfolio construction, investment ... |
| | | | Boutique adviser Allied Wealth has appointed a Perpetual investment professional as its new chief investment officer. Eddie Lee has quit the financial services giant and will join Allied Wealth at the beginning of February. Lee has over 12 years of ... |
| | | | Australia's booming exchange-traded funds (ETFs) market is failing to capture the big money from superannuation funds and institutional investors as retail investors' dominance reigns supreme. Surpassing $330 billion in total funds under management ... |
| | | | Profits of Australia's largest listed companies remained flat in 2025, normalising after an exceptional performance in 2021 and 2022, when high metal and energy prices led to record earnings for commodity firms. The Capital Group Global Equity Study ... |
| | | | The new year opens a window of opportunities for financial advisers amid a volatile global market and growing geopolitical tensions. One of the major opportunities in 2026 that is tipped to garner huge demand for financial advice is retirement. "There ... |
| | | | ... an improved client experience," HUB24 said. "Additionally, to increase flexibility in retirement income, clients can now select more frequent pension payment options and request preferred payment day." |
| | | | Alexis George is stepping down at AMP, with chief financial officer Blair Vernon named as her successor. George will retire from executive roles on March 30, bringing to an end more than 30 years in financial services. George joined AMP in August 2021 ... |
| | | | Equity Trustees (EQT) is standing firm on defending itself against culpability for the Shield Master Fund collapse and ensuing investor losses, blaming ASIC for not doing its job, as well as third-party providers for their failures. Releasing its Summary ... |
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