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02 January 2015 • By Tim Stewart and Nick Bendel • 1 min read

MLC wealth advice exec departs

Mortgage Choice has poached NAB’s executive general manager for wealth advice to replace outgoing chief executive Michael Russell. John Flavell ...

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EU financial markets brace for new regs

The European Union’s equity, bond and derivative trading markets may face a regulatory overhaul should a current round of consultation make the case ...

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Look beyond GST reform: Chan & Naylor

Accounting and financial services firm Chan & Naylor has urged the government to consider broad tax and economic reforms to boost confidence and ...

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Credit Ombudsman ups compensation limit

The Credit and Investments Ombudsman has increased the monetary compensation limit available to complainants to $309,000. In a statement, the CIO – ...

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The folly of 'festive forecasts'

Dimensional Australia vice president Jim Parker has warned against taking year-end predictions that "seek to build catchy tunes out of noisy reality" ...

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APRA relaxes SuperStream benchmarking

The prudential regulator has reduced the number of SuperStream reporting benchmarks following consultation with the superannuation industry

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Centrepoint Alliance expands funding business

Centrepoint Alliance has reached an agreement with NAB and Bendigo and Adelaide Bank to increase the finance facility for its insurance premium ...

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US exchange-traded products crack $2trn

The amount invested in US-listed exchange-traded products and ETFs has broken through the US$2 trillion mark. Assets invested in the products ...

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Maurice Blackburn calls for 'last resort' scheme

The government should consider introducing a 'last resort' compensation scheme in financial services to overcome FOS’s toothlessness, plaintiff law ...

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Tide rises for Aussie asset managers

Australian asset managers are well positioned going into 2015, but they should continue to diversify globally, argues Morningstar. In its December ...

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