Financial Newswire

Financial Newswire focuses on delivering timely updates to those involved in the Australian financial services sector. This includes financial advisers, family offices, superannuation trustees, accountants, insurers, fintech companies, fund managers, and investment experts.

Local

English

Newswire/News Agency

Outlet metrics

Domain Authority

Ranking

Global

#1369030

Australia

#47559

Finance/Investing

#513

Traffic sources

Monthly visitors

Articles

ASIC suing Macquarie Securities over long-standing misreporting

4 days ago | financialnewswire.com.au | Mike Taylor

The Australian Securities and Investments Commission (ASIC) has announced it is suing Macquarie Securities Limited alleging the company engaged in misleading conduct by misreporting millions of short sales to the market operator for over 14 years. The regulator has noted that the action represents the fourth regulatory move against Macquarie in just over 12 months.
Then there was one – Bain out of Insignia race - Financial Newswire

4 days ago | financialnewswire.com.au | Mike Taylor

Bain Capital has fallen out of the private equity race to acquire Insignia Financial, leaving only CC Capital in field. Insignia Financial announced to the Australian Securities Exchange today that Bain had withdrawn stating that it was unable to proceed to making a binding offer “due to macro uncertainty caused by the volatility in global markets”.
Balance of power hamstrings advice lobby groups

4 days ago | financialnewswire.com.au | Mike Taylor

ANALYSISThe major financial services groups will need to hone their lobbying skills as they seek to deal with a Government with an overwhelming majority in the House of Representatives and an increased presence in the Senate.
‘Pure-play’ ClearView values IFA distribution

4 days ago | financialnewswire.com.au | Mike Taylor

Publicly-listed insurer ClearView has completed its exit from wealth management and is promoting itself as a “pure play life insurance company”. The company said its exit from wealth had been completed in March, this year, representing its “transformation to a tech-enable pure play life business” ending what represented a multi-year transformation program.
Complex advice referrals duty recommended

5 days ago | financialnewswire.com.au | Mike Taylor

Superannuation funds would have a duty to refer members to financial advisers for more complex financial advice when necessary, under a proposals being recommended to Treasury by major accounting group, CPA Australia. Responding to the Government’s second tranche DBFO exposure draft legislation, CPA Australia is arguing that such a duty imposed on super fund trustees would help ensure members receive comprehensive and tailored advice, safeguarding their financial wellbeing.
Mulino no novice in financial services

5 days ago | financialnewswire.com.au | Mike Taylor

The Financial Services industry has a new minister in Victoria’s Daniel Mulino and one who has some solid experience in the portfolio. Mulino has been appointed as the Assistant Treasurer and Minister for Financial Services replacing the now-retired Stephen Jones and it is not his first rodeo in dealing with the portfolio having previously been an economic adviser to then minister and later Federal Opposition leader, Bill Shorten.
Super returns positive despite Trump tariffs

5 days ago | financialnewswire.com.au | Mike Taylor

Australian superannuation fund returns have managed to weather US President, Donald Trump’s tariff foray whilst keeping investment returns marginally in the black, according to the latest analysis from SuperRatings. The SuperRatings analysis of April superannuation investment returns showed that the median balanced option returned a positive 0.6% for April which covered the bulk of the fall-out from Trump’s ‘Liberation Day’ tariff approach.
AUSTRAC commits to expanding analytics hub as core priority

5 days ago | financialnewswire.com.au | Patrick Buncsi

Australia’s financial crimes investigator and intelligence organisation AUSTRAC has vowed to expand its collaborative data analytics hub, making it a “central function” of its financial crimes fight. AUSTRAC has hailed the success of the Fintel Alliance, the public-private financial data sharing cooperative which it oversees, declaring its intention to build out the alliance’s real-time data analytics hub.
AMP unveils suite of upgrades to adviser platform

5 days ago | financialnewswire.com.au | Patrick Buncsi

AMP has announced a slew of upgrades to its adviser platform North, including a first-ever direct document upload and messaging capability, and a real-time tracker for client tasks. The enhancements promise to “reduce follow-ups, minimise delays, and enable real-time servicing without leaving the platform”, AMP said. Among the upgrades include a newly enhanced Activity Management Dashboard – a centralised tool to help advice practices manage and track client activities.
Daniel Mulino gets Financial Services portfolio

5 days ago | financialnewswire.com.au | Mike Taylor

The new Assistant Treasurer and Minister for Financial Services is Victorian parliamentarian, Daniel Mulino. Mulino, a former member of the Victorian Parliament and a former adviser to Bill Shorten, when he was the Minister for Financial Services, was named in the outer Cabinet by Prime Minister, Antony Albanese today. He succeeds Stephen Jones who left the Parliament at the last election. Federal Governmentfinancial servicesportfolio