ASIC begins nationwide surveillance activities under national consumer credit regime

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The Australian Securities and Investments Commission (ASIC) has begun its first nationwide surveillance activity to detect unregistered businesses and people under the National Consumer Credit Protection (Transitional and Consequential Provisions)... Read more continue reading

Cold start to spring poses risks for retailers

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Economic focus Australian retailers, especially those dependent on seasonal purchases, could face new pressures unless the weather starts to warm up in the next few weeks. Capital cities such as... Read more continue reading

ASIC consults on compensation requirements for traditional trustee company services

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ASIC has released a consultation paper inviting feedback on its proposal regarding the administration of compensation requirements for trustee companies providing traditional trustee company services (traditional services) to retail clients.... Read more continue reading

Global Reflation Mark II, gold and the Australian dollar

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Key points The sub-par recovery in the US, Japan and Europe and constrained fiscal policy most likely means that we will see another round of global policy reflation, centred on... Read more continue reading

ASIC consults on dispute resolution requirements for traditional trustee company services

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ASIC has released a consultation paper inviting feedback on its proposal regarding the administration of compensation requirements for trustee companies providing traditional trustee company services (traditional services) to retail clients.... Read more continue reading

MLC boosts technical team with key appointments

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MLC today announced key appointments to its technical team along with an expansion of support services for financial advisers. Gemma Dale has been appointed to the role of Head of... Read more continue reading

PIMCO Australia strengthens its retail team

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Leading bond fund manager PIMCO Australia has today announced the appointment of Michael Dale as Investment Specialist, servicing the retail market, including financial planners, as it looks to expand its... Read more continue reading

RBA sets the scene for a rate hike

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RBA Board minutes; ABARE Australian Commodities; Airfares Minutes of the last Reserve Bank Board meeting echo’s the sentiments of the Governors speech yesterday and adds further weight to the likelihood... Read more continue reading

S&P and ASX launch equity volatility index

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Standard & Poor’s (S&P) and the Australian Securities Exchange (ASX), a subsidiary of the ASX Group, announce the launch of an Australian equity volatility benchmark – the S&P/ASX 200 VIX... Read more continue reading

Matthew Englund appointed head of dealer groups

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Mark Spiers, BT Financial Group’s General Manager of Advice, today announced the appointment of Matthew Englund to Head of Dealer Groups, which incorporates Securitor and Magnitude, following the resignation of... Read more continue reading