Volatility creates opportunity

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Overview The UK referendum on European Union membership has introduced political and economic uncertainty across Europe. It is unclear what the UK relationship with Europe will be in future, and... Read more continue reading

Man Group boosts Australian institutional team

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Man Group, a leading alternative investment manager, has strengthened its Australian institutional business with the appointment of Chris Comino as Institutional Sales Manager. Mr Comino joins the firm’s Sydney team... Read more continue reading

ANZ to refund nearly $29 million to more than 390,000 accounts as a result of unclear fee disclosures

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Australia and New Zealand Banking Group Limited (ANZ) is refunding $28.8 million to 376,570 retail accounts, and 17,230 business accounts, after it failed to clearly disclose when certain periodical payment... Read more continue reading

Weekly market update – week ending 2 September, 2016

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Investment markets and key developments over the past week While Japanese shares rose solidly over the last week helped by talk of more monetary easing and a fall in the... Read more continue reading

Robo advisers must reach beyond ASIC’s low minimum standards

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Australian robo advisers must reach beyond the limited scope of recently published ASIC RG255 guidance on digital advice. Regulatory Guide 255 about providing digital financial advice leaves many questions about... Read more continue reading

Omniwealth has acquired an established mortgage broker to add more expertise in property and finance to meet future demand

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Diversified financial services group, Omniwealth, has acquired Westminster Finance and Business Solutions to boost its capacity in mortgage and finance services for the firm’s clients. The Balmain-based broker will relocate... Read more continue reading

Vanguard Australia appoints new Head of Legal and Compliance

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Vanguard Australia (Vanguard) has announced that Ashley Warmbrand will join the fund manager in October as the Head of Legal and Compliance. Mr Warmbrand most recently served as Head of... Read more continue reading

AMP Capital Corporate Governance Report zeroes in on disruption in financial services and how to assess a portfolio’s climate change risk

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Driverless cars, the sharing economy and blockchain are three of the top sources of disruption for Australia’s insurance and diversified financial services sector, according to AMP Capital’s latest Corporate Governance... Read more continue reading

ASIC launches new divorce and separation resources to support financial decisions

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New online resources – the Divorce and Separation Financial Checklist and the Asset Stocktake Calculator – developed by ASIC will help people navigate the financial aspects of divorce and separation.... Read more continue reading

Sentry Group appoints new Head of Wealth Solutions

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Sentry Group CEO and Chairman Murray Hills has announced the appointment of Karen Brown to the newly created position of Head of Wealth Solutions. In this new role, Karen will... Read more continue reading