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| 12 August, 2021 |
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| Latest News |
| Money Management Original | | Lockdown lowers adviser business valuation | | Advisers looking to sell their business as they exit the industry are likely to have to sell at a lower price than they expected because of the uncertain environment. |
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| Money Management Original | | CBA advice remediation costs pass $1b | | Commonwealth Bank costs related to aligned advice remediation have surpassed $1 billion while it has increased Count remediation for a second time in less than six months. |
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| Sponsored Content | | Making bonds work harder in 3Q21 | | As inflation kicks in, all bonds crumble? Not so. Find out more about how income opportunities can still be found in different fixed income sectors. |
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| Money Management Original | | FASEA sits on overdue unanswered questions | | The education authority is sitting on several questions on notice by senators regarding exam feedback, support for financial advisers, and pathways into the profession. |
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| Money Management Original | | AMP Australia and AMP Capital NPAT down | | AMP’s wealth management arm has seen a decrease in its net profit after tax thanks to the impact of advice practice impairments, pricing and legislative changes. |
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| Sponsored Content | | What’s next for markets? | | Watch the replay of the BlackRock Mid-year Global Outlook. Watch now and earn CPD. |
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| Money Management Original | | Clients on their own if advisers don’t pass exam | | Advisers have no obligation to help their clients find a new adviser if they lose their qualification because they did not pass the Financial Adviser Standards and Ethics Authority exam by the deadline. |
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| Money Management Original | | Antipodes seeks to exit LIC structure | | The Antipodes Global Investment Company has become the latest listed investment company to seek to exit the structure as it has been trading at a discount to its net tangible assets for two years. |
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| Industry News | | Infrastructure sector boosted by US bill | | Infrastructure as an asset class has a potential to outperform the MSCI World ex Australia by three percentage points per annum for the next three years, according to VanEck. |
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| Industry News | | Continuous disclosure laws pass Parliament | | The temporary measures that allowed companies and their officers to only be liable for civil penalty proceedings where they acted with “knowledge, recklessness or negligence” are now permanent. |
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| Industry News | | Iress acquisition inches closer | | Iress has been approached a third time by EQT Fund Management to acquire all its shares and its board intends to recommend that shareholders vote in favour of the proposal subject to the entry into a scheme implementation deed and due diligence. |
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| Industry News | | ANZ appoints CFO | | Farhan Faruqui will move from leading the international business to replace Shane Buggle who will retire from the position in October. |
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| Industry News | | CBA announces $6b buyback | | The buyback compared to one of $2.5 billion by NAB and $1.5 billion by ANZ as the firm announced net profit after tax of $8.8 billion. |
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