June 2023
The $100b fund manager raised on Gough Whitlam and the ABC
Probably Australia’s most successful superannuation investor, Sam Sicilia of Hostplus, easily reconciles a career in markets with the Labor values of his youth.
Banks, insurers must prove they can be trusted giving financial advice
The government will accept “in full or in principle” 14 of Michelle Levy’s 22 recommendations to reform financial advice laws.
- Opinion
- Regulation
Super bosses trump activists in Labor’s pecking order
The government will grant Australia’s pension funds a powerful role in providing financial advice, ignoring the warnings of consumer advocacy groups.
- Exclusive
- Regulation
Labor to boost big super’s financial advice role – but excludes banks
The government will make it cheaper and less risky for super funds to provide more advice to members, but stop short of implementing a review’s main recommendation.
‘Have courage’, CEOs urge government on financial advice reform
Australia’s big wealth managers have called for “bold” legislative change to boost access to financial advice in line with the contentious Levy review.
Vanguard slashes ASX ETF fees as price war escalates
Investment giant Vanguard will reduce the management fees charged on its flagship Australian shares exchange-traded fund by 30 per cent.
- Opinion
- ESG Summit
ESG investing isn’t ‘woke’ – it’s capitalism working as it should
Critics like to paint ethical and green investing as a form of socialism, but buying assets to influence them is a sign of a functioning free market.
Ex-Perpetual, MLC boss appointed to chair neo-broker Stake
Geoff Lloyd’s appointment comes as online stockbrokers shore up their corporate governance amid increasing regulatory scrutiny.
How to get property exposure without buying real estate
Amid the housing supply crisis, investors are turning to exchange-traded funds and real estate investment trusts for critical property exposure. But how do they stack up?
- Updated
May 2023
- Exclusive
- Hayne fallout
Banking royal commission silk enlisted for Insignia lawsuit
Barrister Michael Hodge KC, who in 2018 was counsel assisting the Hayne royal commission, will act for the wealth giant’s aggrieved shareholders.
- Updated
Why nobody wants to become a stockbroker
The Stockbrokers and Investment Advisers Association says the pipeline of new entrants to its profession has “collapsed”.
AMP wealth CEO exits in restructure
Scott Hartley will depart within the next six months as the troubled financial giant axes the division he led.
Where’s Australia’s crypto king? Hibernating in his clifftop castle
Finder founder Fred Schebesta plays domestic dad as he waits out the cryptocurrency winter and outcome of a lawsuit with the corporate regulator.
Paul Xiradis has been investing for 40 years. Here’s what he’s buying
The Ausbil executive chairman and founder is up for the “challenge” of a low earnings growth environment and says decarbonisation and China’s recovery offer rare bright spots.
Ausbil chief’s top stock picks for a low growth market
Market veteran Paul Xiradis advocates for “well-managed” blue chips in a tough trading environment.
April 2023
Why this fundie vacationed in a ‘failed state’
Lebanon is totally uninvestable, says portfolio manager Nick Schoenmaker. But good investors must understand the intersection of politics, economics and markets.
AMP investor warns on costs, eyes second strike
One institutional investor has called for more capital to be returned to shareholders and says costs are still too high, as the company share price jumped after its quarterly report.
- Analysis
- Financial planners
The wealth adviser exodus has bottomed out (for now)
For the first time since January 2019, the number of financial advisors is growing. In some ways, it could be the best time to be in the industry for years.
Tailor-made portfolio trend takes on ETFs
“Direct indexing” allows investors to customise their portfolios while still mimicking the market’s performance, but not everyone is a fan.
Betashares called out over metaverse ETF claims
The ASX-listed Betashares Metaverse ETF has been slapped with a “screened out” rating by Lonsec’s investment researchers.