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ASIC and APRA crack down on duration-based premiums

ASIC and APRA crack down on duration-based premiums

APRA and ASIC have made clear to life insurers that they need to be clearer with consumers about the real cost of duration-based premiums.
CBA down to zero advisers on FAR

CBA down to zero advisers on FAR

In what represents a signal moment for the financial advice profession, Australia's largest bank no longer has advisers on the FAR.
Aussie insto investors embracing private markets

Aussie insto investors embracing private markets

While financial services regulators are playing catch-up Aussie institutional investors are embracing private markets.
GARP ETF

Schroders repackages active equity strategy into ETF form

Yasmine Raso 6 June 2025

Funds Management

No Comments

Schroders has unveiled a new addition to its active ETF line-up, with its Schroder Global Core active strategy now available in ETF format. 

High net worth

Australia trails in key HNW metrics

Patrick Buncsi 6 June 2025

Funds Management

No Comments

Australia has recorded a modest increase in its HNW population, significantly outpaced by global growth figures, new figures reveal.

Emerging markets pen and map

Fundamentals back EM bonds despite “risky” perception: VanEck

Yasmine Raso 6 June 2025

Investment

No Comments

Fixed income investors have been urged to reconsider the “new reality” of emerging vs developed markets bonds, according to VanEck Australia.

Senior appointment

Australian Ethical snaps up Ethical Partners co-founder

Patrick Buncsi 6 June 2025

Funds Management

No Comments

Australian Ethical has named a new head of equities, appointing veteran wealth manager Nathan Parkin to the role.

Financial planning discussion

Fitzpatricks revamps flagship prof dev program

Patrick Buncsi 6 June 2025

Financial Planning

No Comments

HNW specialist advice firm Fitzpatricks has overhauled its flagship professional development program, Lead Adviser, after a 12-month review.

Time to keep calm

How steady Aussie advisers caught the bounce

Mike Taylor 5 June 2025

Financial Planning

One Comment

Research which captures the impact of the Trump tariffs regime shows that financial advisers kept calm and helped clients catch the bounce.

Magnifying glasses focusing on victim

ASIC to deep dive dimension of private markets

Mike Taylor 5 June 2025

Investment

No Comments

ASIC has acknowledged Australian private markets are probably broader and deeper than first thought justifying closer regulatory oversight.


INDUSTRY NEWS

Personal Medical Attendant Reports: Simpler, smarter, faster – now digital with Acenda 

Financial Newswire Contributor 2 June 2025

Industry News

No Comments

Acenda has launched digital PMARs – an Australian life insurance industry first – setting a new benchmark in underwriting efficiency.  

Retirees need to dial down risk and focus on income

Financial Newswire Contributor 26 May 2025

Industry News

No Comments

For investors nearing retirement this intense market volatility couldn’t be more poorly timed. A big loss now could leave them lacking later in life.

Take life on with Acenda, the new face of MLC Life Insurance.  

Financial Newswire Contributor 19 May 2025

Industry News

No Comments

For over 130 years, MLC Life Insurance has helped Australians protect their futures and the futures of those they love. Now, as Acenda…

Duration’s comeback: A better friend for income and credit

Financial Newswire Contributor 8 April 2025

Industry News

No Comments

We think it is time for income and credit investors to accept duration back into the friend circle…


60/40 split

The 60/40 adviser qualifications split

Mike Taylor 4 June 2025

Financial Planning

7 Comments

The latest ASIC data has revealed an almost 60/40 split between degree qualified advisers and their experienced pathway counterparts.

Elderly couple receiving advice

CFS research highlights super advice fees

Mike Taylor 3 June 2025

Financial Planning

8 Comments

New research conducted by CFS Superannuation has revealed a substantial level of ignorance from super fund members about advice fees.

Business integration

LGT Crestone completes CBA advice business integration

Patrick Buncsi 3 June 2025

Financial Planning

No Comments

LGT Crestone has completed the full integration of CBA’s high-net-worth financial advice business, adding $5b to its assets under advice.

Benchmarking

FSC takes initiative setting RIC benchmark

Mike Taylor 4 June 2025

Superannuation

One Comment

The FSC has moved ahead of other industry groups by publishing a framework for superannuation to meet their RIC obligations.

Data Centre Infrastructure

HESTA back on line with GROW

Mike Taylor 4 June 2025

Superannuation

One Comment

Having worn some criticism for a disruption to online services during its administration migration to Grow Inc, HESTA is back online.

Partnership deal

Iress finalises superannuation transaction with Apex Group

Yasmine Raso 3 June 2025

Fintech

No Comments

Australian fintech software provider, Iress, has finalised the sale of its Superannuation business to Apex Group.

EQT launches Nexus Infrastructure fund

Infrastructure shows resilience in face of tariff-induced volatility

Yasmine Raso 5 June 2025

Investment

No Comments

Recent market performance has indicated a swing towards listed infrastructure amid volatility, according to ClearBridge Investments.

Small caps rebound

Portable alpha welcomed back into institutional investor arsenal

Yasmine Raso 5 June 2025

Investment

No Comments

The appetite for ‘portable alpha’ has officially returned and is now readily accessible to more institutional investors, says bfinance.

Cyber stocks surge as NATO commits to historic cybersec spend

Patrick Buncsi 5 June 2025

Investment

No Comments

Cybersecurity-focused ETFs are surging after NATO commits to substantially increase defence spending.