The end of this fairy tale is not happily ever after
The notion that billion dollar 'unicorn' start-ups abound has been leading investors to disappointment for a few years now. Roger Montgomery has a warning for those prone to believing fables.
November 06, 2019
Photo gallery: Researcher Forum 2019
The 2019 Researcher Forum took place at the InterContinental Double Bay, Sydney, Wednesday 4 December, 2019.
November 05, 2019
Senator lambasts FASEA’s Glenfield on Standard 3
A heated exchange between Queensland Senator Amanda Stoker and the FASEA CEO revealed the regulator’s view might not have been considered in the final version of Standard 3.
November 04, 2019
Hartzer details 14,000 client Viridian transfer
The Westpac CEO provided some detail around the transfer of its wealth management cohort to Viridian during a “disappointing” full year results announcement.
November 04, 2019
CFS mulls early commissions ban
CBA’s wealth arm has already sent letters to some advisers with clients on its FirstChoice platform regarding service fees and is planning to bring forward its grandfathered commission ban.
November 01, 2019
Allan Gray doubles down after rough patch
The contrarian investor admits it has had a "difficult year", but it has no intention of giving up the search for value and will ride out the “money bubble”.
November 01, 2019
ANZ’s 1000-strong remediation army revealed
The bank is throwing everything at its program to compensate victims of its wealth management scandal after struggling against what chief executive Shayne Elliot called “a whole bunch of issues”.
October 31, 2019
ASIC’s Westpac win to colour general advice agenda
The regulator’s recent court victory against Westpac not only put wind in its sails after some bruising losses, but could inspire it to make good on a plan to recategorise advice entirely.
October 29, 2019
MP flags data deficit on elder abuse
Labor Senator Deborah O’Neill said financial abuse of older Australians makes her “skin crawl”, but our ability to do something about it is hampered by a lack of information.
October 29, 2019
‘Scaled’ advances despite disclosure concerns
Limited scope advice can bring financial planning to the masses, but disclosure remains a key issue for providers according to Six Park CEO Patrick Garrett.
October 28, 2019
