Platform HUB24 has taken a minority stake in Reach Alternative Investments to offer a broader range of alternative products to financial advisers. The firm announced a strategic alliance between the ...
A victim of NextGen Financial Group has received a payment from the CSLR after the company went into liquidation rather than pay a $270,000 determination from the Australian Financial Complaints ...
ASIC will extend the relief and requirements regarding reportable situations regime for another five years until October 2029. The reliefs are due to expire next month, but ASIC said they are ...
With six in 10 Australians aged over 50 concerned about paying for aged care, new research has underscored financial advice as a way to mitigate these worries. The 2024 National Seniors Social Survey ...
With the Delivering Better Financial Outcomes (DBFO) legislation on the horizon next year, licensees need to decide whether they are going to take a hands-off approach or use it as an opportunity to ...
Australian Ethical has completed its acquisition of Altius Asset Management from Australian Unity. It was announced in May that the firm would be acquiring sustainable fixed income manager Altius ...
The monthly CPI indicator rose 2.7 per cent in the 12 months to August, according to the latest data from the Australian Bureau of Statistics (ABS). Down from 3.5 per cent in July, the reading is the ...
Vanguard has been penalised $12.9 million for making false and misleading statements about its ethically conscious fund. A verdict had previously been given back in March 2024 which stated Vanguard ...
Industry commentators have emphasised the benefits of gaining valuable support or administrative experience before becoming a financial adviser. University graduates who have completed their tertiary ...
The FAAA’s Phil Anderson has said the delisting of E&P Financial Group won’t stop the company coming under scrutiny in the inquiry into Dixon Advisory. Anderson, who is the general manager for policy, ...
Global ETF service provider State Street has flagged the rise of retail demand for ETFs, with almost three-quarters of Australian ETF demand coming from the retail channel. In the firm’s Mid-year ...
A judge has dismissed an appeal by former Linchpin Capital Group director Peter Daly against a $150,000 penalty for breaching his duties as a director. In January 2024, Daly – along with Ian Williams, ...