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25 February 2015 • By Reporter • 1 min read

Equity Trustees fined for misleading website

ASIC has penalised Equity Trustees for potentially misleading conduct on a website promoting the Good Super superannuation fund. Equity Trustees – ...

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‘Trend following’ rampant, says Vanguard

Professional institutional investors are just as prone to behavioural errors such as ‘trend following’ as the retail investors of the world, argues ...

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ASIC raises LIC disclosure concerns

A new ASIC report has found that the increase in the number of initial public offerings of listed investment companies have raised specific disclosure ...

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Centrepoint reports surging wealth profits

Centrepoint Alliance experienced a 133 per cent spike in profit before tax in the latter half of 2014, in spite of slightly decreasing advice and ...

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UBS joins mFund settlement service

Financial services provider UBS Securities Australia has joined the ASX’s settlement service mFund. The addition of UBS brings the number of ...

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Investors flock to sustainable assets

The global sustainable investment market has grown substantially in recent years, increasing 61 per cent from 2012 to 2014, new research has found

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Regulators urged to promote financial services

The Centre for International Finance and Regulation (CIFR) has called upon regulators to focus on building up consumer demand for digital financial ...

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Ten licensees take 'corrective action'

Ten financial planning licensees including some owned by Westpac, CBA and NAB have taken ‘corrective action’ on their structured product advice off ...

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NAB makes changes to misconduct policy

NAB CEO Andrew Thorburn has announced a number of new measures to enhance oversight of the bank’s financial planning channels, following its ...

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Big banks lagging on super ‘share of wallet’

The major banks have secured less than one-fifth of their customer's superannuation business, according to a new survey conducted by Roy Morgan

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