FAAA and FSC welcome first consultation to remove advice red tape; Adviser banned for attending AFL Grand Final sees sentence reduced

The Financial Advice Association Australia and the Financial Services Council have responded to the first consultation on Delivering Better Financial Outcomes, recognising the recommendations will help cut the cost of financial advice.

A Melbourne financial adviser banned for 10 years for breaching COVID-19 lockdown rules to attend the AFL Grand Final in Perth has seen his banning reduced in an appeal.

When almost all developed market governments simultaneously boost issuance, yields will need to increase across the board.

The government has released the first consultation on its Delivering Better Financial Outcomes reforms, focused on removing regulatory red tape.

Praemium has announced a three-year partnership with research consultancy CoreData.

The Australian Financial Complaints Authority has appointed new directors as two founding directors step down after five years, including a financial adviser.

The global alternative asset manager has attracted strong inflows in the second half of 2023 as it hits $9.2 billion in assets under management.

The current volatility has created a rich pool of investment opportunities which skilled fund managers can exploit through long-short equities strategies, writes Lukasz de Pourbaix.