LATEST NEWS

Powered By 

FST Media Logo
Two people pushing large puzzle pieces together in front of world map

Fintech

Morningstar acquires Praemium’s international business

Mike Taylor 1 July 2022

Global research and ratings house Morningstar has acquired the United Kingdom and international business of Australian-founded technology firm Praemium.

Morningstar announced overnight that it had acquired Praemium’s operations in the UK, Jersey, Hong Kong and Dubai for 35 million pounds.

The announcement said Morningstar intended to rename the Praemium as…

Exploding hour glass

Financial Planning

126 advisers exit signalling possible FY rush

Mike Taylor 1 July 2022

In the last week of the financial year a further 126 financial advisers have exited the Financial Adviser Register (FAR) with the expectation being that there are more exits to come as data reaches the Australian Securities and Investments Commission (ASIC).

And according to analysis conducted by WealthData principal, Colin…

Man entering maze

Financial Planning

Why investing in financial advice has become unattractive

Mike Taylor 1 July 2022 3 Comments

The regulatory environment around financial planning has made it so unattractive that it has virtually stalled investment in the sector.

Stress level odometer reading Maximum

Funds Management

Demographics and deglobalisation among key themes impacting investors

Oksana Patron 1 July 2022 No Comments

The four major global forces “Four D’s” impacting markets will be demographics, debt, deglobalisation and disruptive technologies.

John-Whelan-PMCapital

Funds Management

Concentrated portfolio of best ideas

Oksana Patron 1 July 2022 No Comments

Being open to discussions and the ability to reflect on your own mistakes are key for a successful portfolio manager, says John Whelan.

Matt-Reynolds-CapitalGroup

Funds Management

Importance of diversity

Oksana Patron 1 July 2022 No Comments

According to Matt Reynolds, Financial Newswire’s Star Manager, the importance of diversity cannot be overstated.


INDUSTRY NEWS

Fiducian Spon Con

Industry News

Grow your successful Financial Planning business today

Financial Newswire Contributor 1 July 2022 No Comments

After Fiducian acquired People’s Choice Credit Union’s financial planning business in 2022, they’ve welcomed 16 new financial planners.

Policy smashing the super indsutry

Industry News

Income protection insurance – from bad to worse

Col Fullagar 30 March 2022 2 Comments

Life/risk expert, Col Fullagar argues that where income protection insurance is concerned, the situation has gone from bad to worse.

Several headshots of speakers at FNW Roundtable

Industry News

Yes, the banks will come back to advice – on their terms

Mike Taylor 29 November 2021 No Comments

The major banks will re-enter financial advice but on their terms according to Financial Newswire’s roundtable,

Several headshots of speakers at FNW Roundtable

Industry News

Financial planning faces inevitable consolidation

Mike Taylor 26 November 2021 No Comments

The financial planning industry is facing inevitable consolidation according to a Financial Newswire roundtable.

Coins green shoots ETF

Investment

Infrastructure’s role in mitigating greenwashing

Yasmine Masi 1 July 2022 No Comments

Andrew Maple-Brown said asset managers investing in infrastructure have a big role to play in managing the risks of greenwashing.

Hammer next to a broken piggy bank with fallen coins and notes

Financial Planning

Melbourne adviser banned for three years

Oksana Patron 30 June 2022 No Comments

ASIC has banned Melbourne-based financial adviser, David Ruthenberg, from providing financial services for three years.

The word Fee in green cut by scissors

Superannuation

Rest announces admin fee reduction

Yasmine Masi 30 June 2022 No Comments

Rest has announced a 0.02 per cent cut to admin fees, with total fees accounting for less than one per cent of balances over $28,000.

ASIC website browser image

Financial Planning

Mercer Financial Advice hit with fee for no service charges

Mike Taylor 30 June 2022 No Comments

Mercer Financial Planning has been hit with fee for no services charges initiated by ASIC.

Finger pushing figure into hole

Superannuation

Confirmed: 125 fewer super funds in just 8 years

Mike Taylor 30 June 2022 No Comments

In the span of just eight years to end of 2022 there will be 125 fewer APRA-regulated superannuation funds as a result of either mergers or exits.

Puppeteer holding strings

Superannuation

Can ASIC justify levying super funds 41% more?

Mike Taylor 30 June 2022 2 Comments

While financial advisers continue to enjoy the pause in their ASIC levy superannuation funds are wondering why they are facing a 41% increase.

Climate change

Investment

Australians want better emissions targets, renewable energy subsidies: poll

Yasmine Masi 30 June 2022 No Comments

The annual Lowy Institute survey revealed more Australians are in favour of policies and targets to tackle climate change issues.

Jack-Collopy-Perpetual

Funds Management

Patience and discipline

Oksana Patron 30 June 2022 No Comments

It is all about the discipline of the investment process, according to Jack Collopy who has been recognised as the Financial Newswire Star Managers.