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25 July 2013 • By Tim Stewart • 1 min read

Stop 'kicking' financial services, says FSC

The financial services industry has called on the government to stop ‘beating it up’ domestically while singing its praises overseas

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Financial services feels ASIC’s wrath in 2013

The Australian Securities and Investments Commission (ASIC) took 63 actions against financial services providers in the first six months of 2013, ...

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SMSF risk appetite on the up

Trustees of self-managed superannuation funds (SMSFs) now have the highest allocation to direct shares since the global financial crisis, and they ...

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Equity Trustees seeks assurances from Trust Company

Equity Trustees (EQT) has asked Trust Company (TRU) to provide assurances that it will seriously consider further offers before the group expends more ...

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AllianceBernstein bets on cyclical stocks

AllianceBernstein is overweight in Australian cyclical domestic stocks, believing investors are undervaluing this part of the market. “When you ...

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Credit Suisse announces small-cap research offering

Credit Suisse and long-term strategic partner First NZ Capital have announced their intention to form a new business focused on small-cap sector ...

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Hedge funds struggle in June

The Credit Suisse Hedge Fund Index has recorded its first negative month of 2013 as almost all sub-strategies lost ground in the month amid ...

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Rogue advisers led to AAAFI collapse

The demise of AAA Financial Intelligence (AAAFI) was caused by rogue advisers operating outside their approved product list and subsequent legal and ...

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Cancel accountants’ exemption now: AIST

The Australian Institute of Superannuation Trustees (AIST) has recommended the immediate removal of the current accountants’ exemption, rather than ...

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Series of big mandates drives IFM FUM growth

Industry Funds Management (IFM) saw a one-third jump in funds under management (FUM) in the past 12 months, on the back of a series of large ...

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