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12 September 2011 • By Vishal Teckchandani • 1 min read

S&P downgrades UBS fund

S&P has downgraded the UBS small-cap fund after the departure of analysts. Research house Standard & Poor's Fund Services (S&P) has ...

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Morningstar downgrades Perpetual fund

Morningstar has lowered its rating on the Perpetual Ethical SRI Australian Share Fund to investment grade from recommended, mainly on the back of ...

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Trio compensation payout delayed

Victims of the Trio Capital fraud will need to keep waiting for the compensation process to be finalised.Trio Capital fraud victims have been forced ...

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ETF providers allay concerns over transparency

ETFs are not less transparent than managed funds, providers say.Exchange-traded fund (ETF) providers have scotched concerns their products are ...

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PIS reduces headcount, boosts compliance

A renewed focus on compliance is behind PIS's decision to cut between 250 and 300 adviser positions.Professional Investment Services (PIS) has cut ...

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Goodbye Mr Independence

Last week's unsolicited bid for Count Financial took many in the industry by surprise.The federal government's Future of Financial Advice (FOFA) ...

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Interest in co-contributions wanes

The use of the superannuation co-contributions scheme has dramatically fallen, according to industry statistics.The latest Australian Prudential ...

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Netwealth reviews funds, staff

Platform provider netwealth has recruited more staff to meet licensee demand.Licensee reaction and volatile markets are behind netwealth's decision to ...

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Reforms only part of advice challenge

The FOFA reforms are not the only challenges facing Australia's advice industry, according to a wealth manager.The federal government's reform ...

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Plan B hires Black as CEO

Plan B has hired former Skandia Australia head Andrew Black as chief executive.Listed wealth management firm Plan B Group Holdings has appointed ...

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