One of Australia’s largest exchange-traded fund (ETF) products, the iShares S&P 500 ETF (IVV), lost over $300 million in outflows during March. The iShares S&P 500 ETF seeks to provide investors with ...

The Federal Court has appointed liquidators to wind up Falcon Capital and the First Guardian Master Fund, following an ASIC application. Falcon Capital is set to be wound up after the Federal Court ...

The Financial Services and Credit Panel (FSCP) has made a written direction after an adviser gave incorrect advice regarding non-concessional contributions. The individual, identified as Mr U, gave ...

The failure of a clinical trial by biotech firm Opthea has caused shares in its backer Regal Partners to decline 52 per cent year-to-date, while funds under management (FUM) declined in the last ...

More than three-quarters of financial services directors expect to see an increase in regulatory compliance requirements, according to the Australian Institute of Company Directors (AICD). In the ...

Platinum Asset Management has rejected a bid from PM Capital to acquire its two listed investment companies (LICs). At the end of February, PM Capital stated it had made a non-binding, indicative ...

Otivo is officially launching into the financial advice sector, offering up its services to practices as a means of engaging with the next generation of clients. After primarily working with ...

Financial Services Minister, Stephen Jones, has assured the cost and time to enter the financial advice profession will soon be halved, as shadow treasurer Angus Taylor pledges to reach 30,000 ...

Despite industry criticisms, Financial Services Minister Stephen Jones believes the Labor government has moved the financial advice reform dial forward “significantly” during his term. Speaking at ...

Global asset manager Janus Henderson has signed a strategic partnership with life insurer Guardian Life, which will commit up to US$400 million to accelerate the firm’s fixed income development plans.

ASIC issued infringement notices to three AFSLs in February whose financial advisers provided personal advice to a retail client while unregistered. Australian Advice Network Pty Ltd, IA Advice Pty ...

Shadow financial services minister, Luke Howarth, has stressed the Coalition’s commitment to reforming the CSLR, adding that he ultimately wants to “get rid of it”. Speaking at Momentum Media’s ...