ASIC has sought to freeze the assets of Ashley Vincent Arandez who is alleged to have obtained $2.5 million from investors by suggesting their funds would be invested in ...

An Adelaide financial adviser has been charged with falsifying company books following an ASIC investigation....

Centrepoint Alliance has issued a response to the takeover bid by Diverger but believes the offer fails to fairly reflect the firm’s strategic value....

Companies looking to make acquisitions of financial advice firms are seeking those which have specialisations or a positive business culture rather than just a large clie...

Treasurer Jim Chalmers has warned inflation in Australia “will be worse before it gets better”....

Magellan has exited its stake in restaurant chain Guzman y Gomez, selling its 11.6% stake for $140 million....

The prudential regulator is pushing for superannuation funds to merge to deliver member benefits but some are facing ‘consolidation indigestion’ in the process....

While bargains are less obvious than in March 2020, there are still opportunities in markets for a well-diversified portfolio....

ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....

Adviser exits have fallen for the second consecutive week, from nine exits to five, while 16 provisional advisers commenced....