ASIC pushes for greater CFD disclosure

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ASIC has released new disclosure benchmarks for contracts for difference (CFDs) that aim to improve disclosure and investor awareness about risks of these products. The guidance also covers margin foreign exchange... Read more continue reading

Aviva ratings unaffected by change in ownership – S&P

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Standard & Poor’s Fund Services today stated that its ratings on all products offered and managed by Aviva Investors Australia are unaffected following the sale of the business to nabInvest,... Read more continue reading

Trio former chairman and director exluded for nine years

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ASIC today announced it has entered into an enforceable undertaking (EU) with former chairman and director of Trio Capital Limited (Trio) Mr David Andrews. Mr Andrews was a non executive... Read more continue reading

One upgrade, one downgrade in S&P’s Australian-Equity Value peer group

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Standard & Poor’s Fund Services today released its value peer group as part of its Australian Equities Large-Cap sector review. We upgraded the PM Capital Wholesale Australian Share fund to... Read more continue reading

BT’s Chris Caton to hit the airwaves

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BT Financial Group, one of the country’s largest wealth managers, will commence a one-off television advertising campaign from tomorrow 12 August aimed at reassuring investors after an extraordinary week on the... Read more continue reading

FPA calls on Government to scrap opt-in

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The Financial Planning Association (FPA) has again called on the Federal Government to reconsider its position on a two year opt-in as proposed in the Future of Financial Advice (FoFA)... Read more continue reading

Current market volatility and margin lending products

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In the context of the current market volatility, ASIC is reminding advisers and margin lenders of their obligations under the recent margin lending reforms, specifically in relation to advisers’ obligations... Read more continue reading

How negative sentiment trumped solid market fundamentals

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Russell Investments’ Chief Investment officer – Client Investment Strategies Erik Ristuben provides Russell’s views on how negative sentiment trumped solid fundamentals in the market earlier this week. Could the market... Read more continue reading

New advice appointments for St George

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Sean Allen, head of advice, St.George Banking Group today announced three new appointments that reflect the group’s multi-brand strategy. The St.George Banking Group advice channel comprises: St.George Financial Planning, Bank... Read more continue reading

S&P releases Alternative Strategies – Equity Sector report

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Standard & Poor’s Fund Services has released its ratings on the Alternative Strategies Equity sector, which contains three peer groups—Beta Variable, Market Exposure, and Market Neutral. We rated 38 offerings... Read more continue reading