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AFCA predicts ‘much lower’ claims handling increase

AFCA predicts ‘much lower’ claims handling increase

AFCA has defended the not for profit nature of its claims-handling costs and predicted they will be lower than predicted by the CSLR actuary.
ASIC stonewalls Bragg on death benefit intentions

ASIC stonewalls Bragg on death benefit intentions

ASIC has stonewalled Opposition questioning on whether it is being pressured to pursue mediation over court action on Cbus claims handling.
Morningstar super ratings to include fund governance

Morningstar super ratings to include fund governance

Amid closer regulatory scrutiny and the imposition of license conditions by APRA, Morningstar has moved to rate super fund governance.

Magellan confirms new group CEO & CFO, concluding leadership transition

Patrick Buncsi 21 February 2025

Funds Management

No Comments

Fund manager Magellan Financial concluded its 12-month leadership transition process, naming its next CEO and appointing a new CFO.

Male figure looks at balance sheet

Insignia half proves value of hard yards

Mike Taylor 21 February 2025

Financial Planning

No Comments

Insignia Financial’s first-half results reveal a reduction in its after tax loss and clear signs that the company has done the hard yards.

VanEck cuts fees on Bitcoin ETF

Patrick Buncsi 21 February 2025

Investment

No Comments

VanEck has announced a modest fee reduction on its popular Bitcoin ETF (VBTC), as interest in the digital currency surges.

Hand holding up pie charts and graphs

HUB24, Netwealth beat out institutionals as top platform innovators

Patrick Buncsi 21 February 2025

Fintech

No Comments

HUB24 and Netwealth have again been ranked Australia’s top investment platform innovators in the latest Investment Trends benchmarking report.

Hand moves 2024./5 blocks

Adviser numbers steady after solid 2025 start

Mike Taylor 21 February 2025

Financial Planning

No Comments

After making a solid start to 2025 with 91 new advisers, numbers on the FAR steadied this week with the focus on churn between licensees.

Graphic of costs text riding a red arrow upwards

FAAA seeks explanation of ‘huge’ forecast AFCA claims handling cost

Mike Taylor 20 February 2025

Financial Planning

10 Comments

AFCA needs to confirm the accuracy or otherwise of an actuary’s report on the CSLR suggesting its claims-handling costs are set to escalate.

millennials

Millennials driving SMSF establishments

Mike Taylor 20 February 2025

Superannuation

No Comments

New data has confirmed millennials are driving SMSF establishments and that around 70% of them remain unadvised.


INDUSTRY NEWS

Thinking Local, Winning Global – Unit Registry as a Strategic Advantage

Financial Newswire Contributor 20 February 2025

Industry News

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 Unlock the potential of unit registry to streamline operations, strengthen investor relationships and transform data into a powerful tool for growth 

Outlook 2025: Plan for growth, Prepare for volatility

Financial Newswire Contributor 15 February 2025

Industry News

No Comments

After two years of weak returns, 2024 has proven to be a rewarding year for Australian investors. What will 2025 bring?

FSI_Video

Our watch list of winners for the next decade

Financial Newswire Contributor 1 December 2024

Industry News

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The composition of the ASX is changing – and keeping abreast of ‘new winners’ is key according to First Sentier Investors.

Fixed income markets: When the stars align

Financial Newswire Contributor 1 November 2024

Industry News

No Comments

Fixed income markets offer compelling investment opportunities alongside continued lower inflation and central banks entering the easing cycle. 


Contradictory one way signs

AFCA predicts ‘much lower’ claims handling increase

Mike Taylor 21 February 2025

Financial Planning

No Comments

AFCA has defended the not for profit nature of its claims-handling costs and predicted they will be lower than predicted by the CSLR actuary.

Male figure looks at balance sheet

Insignia half proves value of hard yards

Mike Taylor 21 February 2025

Financial Planning

No Comments

Insignia Financial’s first-half results reveal a reduction in its after tax loss and clear signs that the company has done the hard yards.

Hand moves 2024./5 blocks

Adviser numbers steady after solid 2025 start

Mike Taylor 21 February 2025

Financial Planning

No Comments

After making a solid start to 2025 with 91 new advisers, numbers on the FAR steadied this week with the focus on churn between licensees.

Australian Senate Chamber

ASIC stonewalls Bragg on death benefit intentions

Mike Taylor 21 February 2025

Superannuation

No Comments

ASIC has stonewalled Opposition questioning on whether it is being pressured to pursue mediation over court action on Cbus claims handling.

ratings good and bad

Morningstar super ratings to include fund governance

Mike Taylor 21 February 2025

Superannuation

No Comments

Amid closer regulatory scrutiny and the imposition of license conditions by APRA, Morningstar has moved to rate super fund governance.

millennials

Millennials driving SMSF establishments

Mike Taylor 20 February 2025

Superannuation

No Comments

New data has confirmed millennials are driving SMSF establishments and that around 70% of them remain unadvised.

VanEck cuts fees on Bitcoin ETF

Patrick Buncsi 21 February 2025

Investment

No Comments

VanEck has announced a modest fee reduction on its popular Bitcoin ETF (VBTC), as interest in the digital currency surges.

ETF fund launch

Macquarie AM adds ‘first of its kind’ active ETF to platform

Patrick Buncsi 20 February 2025

Investment

No Comments

Macquarie Group’s asset management arm has launched two new fixed income ETFs, including a ‘first of its kind’ high yield offering.

Scale with man holding bags with Invest and Withdraw written

PEP backs Inviva with $100m facility

Staff Writer 20 February 2025

Investment

No Comments

Reverse mortgage player Inviva has received a boost via a $100 million facility provided by Pacific Equity Partners Capital Solutions.