ASIC bundles advisers in with early release scammers Financial advisers have been lumped in with people the Australian Securities and Investments Commission alleges are involved in inappropriate behaviour around superannuation fund consolidation and early release. For more.

Existing and new licensees subject to ‘fit and proper’ person tests The corporate watchdog now has the ability to assess the suitability of firms applying for an Australian financial services licence through a ‘fit and proper’ person test, according to The Fold Legal. For more.

Chinese equities rebound quickly Chinese equity funds have seen a quick rebound as the country handles the COVID-19 pandemic, but other Asian equity funds struggle with losses for the year. For more.

T. Rowe Price takes 'glass half full' outlook to Australia Investors should take a “glass half full” outlook to Australia, according to T. Rowe Price, as the country has a strong fiscal backdrop in place as it re-opens following the pandemic. For more.

COVID-19 to increase differences between sectors, firms and countries The COVID-19 crisis is expected to accelerate underlying disruptive forces which will increase the difference between companies, sectors and countries, according to PIMCO. For more.

Aus Ethical supports UN climate change campaign Australian Ethical is among 155 global companies supporting a UN-backed campaign to urge governments to align their COVID-19 recovery plans with climate science. For more.

Unemployment won't affect TPD Financial Services Council member life insurers won’t deny total and permanent disability claims for those who lost employment because of COVID-19. For more.

Taking a ‘glass half full’ approach While the COVID-19 pandemic has created a lot of stress, anxiety and uncertainty for financial advisers, one of the biggest positives has been the ability for them to have more meaningful conversations with clients, Jassmyn Goh finds. For more.

Is size the enemy of performance? In times of stockmarket meltdown, it can be tempting to rely on larger firms, writes Chris Dastoor, but do boutiques have their own edge in times of crisis? For more.