NEWS
Bravura Solutions has appointed a group chief executive following the exit of Andrew Russell, but the successor will be based outside of Australia. ...
Asset manager Janus Henderson has sold a minority stake in Victory Park Capital, a private credit manager it acquired from Pacific Current Group last August....
ASIC has clarified the outcome of whether it will “name and shame” AFSLs over their reportable situations and internal dispute regimes following feedback from industry st...
Advisers should be wary of allocating too heavily to fixed income ETFs, believes BondAdviser’s Charlie Callan, as it could present a diversification risk if the vehicle i...
The Compensation Scheme of Last Resort has paid out 551 claims since operations began in April 2024, with $36.7 million to victims of Dixon Advisory and Superannuation Se...
Having reinstated the membership of United Global Capital, AFCA will also continue to accept complaints from Next Generation Advice beyond its original expiration. ...
Macquarie’s $321 million remediation package will provide welcome relief for investors after a “difficult and challenging” experience, according to the FAAA’s Phil Anders...
Research house SQM says the rise of separately managed accounts has seen large advice groups seek their own ratings....
A former financial adviser who stole $4.4 million from his family and friends to feed gambling debts has been permanently banned by ASIC....
With new entrants now having seen 12 consecutive weeks of double-digit growth, Padua Wealth Data has broken down which business models are making the most new adviser app...
In an unexpected move, AFCA has reinstated the membership of United Global Capital until March 2026 to allow individuals to submit complaints, a decision its CEO says has...
Global asset management group First Sentier has announced a successor for Mark Steinberg, who is due to step down at the end of the year....
Never miss the latest news and developments in wealth management industry
MARKET INSIGHTS
Podcast
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...