ASIC has made an interim stop order preventing offering or distribution of Westlawn Income fund because of a non-compliant target market determination....
Two firms have been identified as leaders in adviser growth year to date but their gains are dwarfed by adviser losses from large groups. ...
Improved performance and acquisitions are among Magellan’s priorities as it targets achieving more than $100 billion in the next five years and seeks to be the partner of...
Schroders has begun increasing the equity weighting in its multi-asset portfolios after falling as low as 17.5% as it believes the risks are now more finely-balanced....
There are misconceptions around philanthropy as clients are unsure if they have enough money to make a charitable gift or legacy, according to Perpetual Private....
With superannuation funds hopeful of being able to offer advice to its members following the Quality of Advice Review, UniSuper has hired former MLC general manager, Andr...
Former First Sentier Investors chief investment officer, David Dixon, has joined the board of Magllan’s asset management subsidiary....
In an interview with Money Management, outgoing APRA chair, Wayne Byres, has shared his thoughts on superannuation fund consolidation and the potential issue from increas...
Less than 10% of life insurance advice is placed without commission, according to the Financial Services Council, and thousands more of Australians would be able to obtai...
Fortnum Private Wealth has appointed former financial adviser Jason Gapps as practice engagement and growth manager to help the firm grow its relationships with the advic...


BlackRock Australia plans to launch a Bitcoin ETF later this month, wrapping the firm’s US-listed version which is US$85 billion in size....
ASIC has banned a Melbourne-based financial adviser for eight years over false and misleading statements regarding clients’ superannuation investments....
ASIC has banned a Melbourne-based financial adviser who gave inappropriate advice to his clients including false and misleading Statements of Advice....
The succession dilemma is more than just a matter of commitments.This isn’t simply about younger vs. older advisers. It’...
Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...