ASIC has suspended the Australian financial services licence (AFSL) for Melbourne-based firm, Allegianz, for failure to lodge financial statements and auditor reports....

The market’s reaction to the August reporting season showed disappointment, although fundamentals were unchanged suggesting this could be a temporary reversal, SSGA said....

The managed accounts market in Australia is expected to continue to grow quickly with the total FUM held in managed accounts to exceed $30.9 billion, according to IMAP....

Westpac has refunded $9.2 million to affected clients after failing to waive bank account fees on its branded savings and transaction accounts....

ASIC has accepted an enforceable undertaking (EU) from a Perth financial services firm after concerns about its risk management and compliance framework....

ASIC has put insurers on notice to address serious failures in the sale of add-on insurance through car dealers....

ChinaAMC China Opportunities Fund (COF) has launched an offer for the AMP Capital China Growth Fund (AGF) units to help investors retain exposure to the Chinese equity ma...

Australians would need to ask themselves if $1.6 million would provide an adequate retirement income to sustain a comfortable lifestyle, according to Milliman....

Australia’s ETP industry reached an all-time high in August, with smart beta and active ETPs attracting the lion’s share, according to VanEck....

ASIC cancelled The Sharemarket College’s AFS licence and banned its responsible managers from providing financial services for making misleading claims....