This week saw another decline in adviser numbers, driven by AMP and Insignia, with fewer advisers switching to new licensees. ...
The number of Australian online investors continued to rise in the second half of 2021, helped by emerging brands continuing to expand their reach....
The number of ultra-high-net-worth individuals in Australia is higher than ever before, however their spending goes towards ‘investments of passion’ rather than simply re...
Funds growth has seen Equity Trustees report a 29% growth in net profit to $12.7 million during the six months to 31 December, 2021....
After two more optimistic weeks, the total number of advisers fell again this week to 17,282, according to Wealth Data....
E&P Financial Group has announced its half-year profits have been impacted by regulatory expenses following the collapse of its subsidiary Dixon Advisory....
Mingshi Investment Management is to launch two Australian-domiciled funds for institutional investors after being granted an Australian Financial Services licence (AFSL)....
HUB24 has reported its net profit after tax grew to $14.2 million for the half year ended 31 December, 2021, which translated into a 103% growth year-on-year....
Former bank-licensed advisers have opted to move to privately-owned licensees, with a preference for boutiques, according to Adviser Ratings....
Australian institutional investors looking at Chinese onshore equity market cannot overlook the risks and its uniqueness but will also benefit from its alpha and diversif...
Commonwealth Bank has formally dropped to zero advisers following LGT Crestone’s acquisition of its advice arm – some six years on from the Hayne royal commission. ...
ASIC has banned a former NSW adviser from providing advice for 10 years for investing at least $14.8 million into a cryptocurrency-based scam. ...
ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...
So we are now underwriting criminal scams?...
Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...
Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...