Wilson HTM, Investorfirst strike deal


Embattled financial services firm Investorfirst plans to transfer its stockbroking and investment advisory business to Wilson HTM Financial Group after both parties entered into a non-binding heads of agreement. .. Read More

Merry Christmas from financialobserver


On behalf of financialobserver I would like to wish all our readers a Merry Christmas and a Happy New Year. Thanks so much for your support in 2017 and we look forward to engaging with you again in 2018... Read More

Opinion – 2018 to be the year of the machine


As artificial intelligence (AI) moves from the realms of fantasy to reality, it brings both opportunities and threats for investors in 2018. The possibilities of AI were underscored in 2015 when Google’s DeepMi.. Read More

Triple A launches cryptocurrency fund


A hedge fund industry veteran has partnered with ANZ’s former head of global markets to launch Australia’s first cryptocurrency-focused managed fund, which will give sophisticated investors exposure to em.. Read More

Retail insurance channel sees growth


The retail risk insurance sector went from strength to strength in the 12 months to September 2017, rebounding from three years of declining sales to record $1.4 billion of lump sum new business, according to new dat.. Read More

FSC releases final APL standard


The Financial Services Council (FSC) has finalised its standard for life insurance approved product lists (APLs) and says the amended standard will go further than previous drafts. The FSC announced yesterday th.. Read More

ASIC to be handed new product powers


ASIC will be empowered to intervene in the distribution of financial products where they are being inappropriately sold under new draft legislation released by the government yesterday. The new powers, which the.. Read More

Opinion – Collaboration essential to AML success


The fight against financial criminals goes back decades. International coalitions such as the Financial Action Task Force, created in 1989, have taken anti money-laundering (AML) efforts one step further, yet crimina.. Read More

MyPlanner adviser agrees to EU with ASIC


A former MyPlanner adviser has agreed to an enforceable undertaking with ASIC that will see him banned from the financial services industry for two years. James Fraser was found by the corporate regulator to hav.. Read More

Long-term investors should look to property


Investors with a long time horizon should not be discouraged by the rising interest rate environment from investing in global real estate as the asset class was likely to outperform equities in the long term, accordi.. Read More

Members wear the cost of risk-profile errors


Superannuation fund members are missing out on hundreds of thousands of dollars in retirement savings by having their account set to the wrong investment option for their circumstances and stage of life, according to.. Read More

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