ASIC Commissioner, Danielle Press, says in-house investment teams at super funds are being watched, as is the uptick in merger activity across the industry. If something goes wrong, the regulator with the best tools will step in.
Elizabeth FrySeptember 4, 2019
Senator the Hon. Jane Hume joined Australian Labor Party ministers and representatives of the regulator to listen to front line advisers talk about the everyday work they do with clients in advance of the insurance segment’s landmark review which will kick off in 2021.
Matthew SmithSeptember 3, 2019
Despite volatile conditions, Australia’s sovereign wealth fund has delivered a strong annual return of 11.5 per cent as its assets climbed to $162.5 billion at the end of the financial year.
Elizabeth FryAugust 29, 2019
Advice is less about increasing a client's wealth and more about helping individuals or families achieving what really matters to them. Simon Hoyle outlines a new blueprint for what the future advice client and business model might look like.
Simon HoyleAugust 29, 2019
Ninety-year old Peter MacGill is one of the “nice guys of the world” according to his adviser, David Dall. He’s a listener, a gentleman, really polite, always appreciates the time and the advice, but he won’t action every recommendation.
Tahn SharpeAugust 29, 2019
People overwhelmingly look to financial advisers for investment and product advice, while emotional reasons such as feeling safe and secure rank as much less important, ASIC has learned from a piece of research it has commissioned.
Matthew SmithAugust 26, 2019
Many factors have added to the set of circumstances the advice industry finds itself in – whipped by a royal commission and on the cusp of a fresh round of rules, regulations and reviews. Among these factors, a poor leadership stands out as its biggest misstep.
Robert MC BrownAugust 21, 2019