Insignia Financial has received a takeover bid from a second US firm, topping Bain Capital’s offer with a bid of $4.30 per share.
Sanlam Private Wealth has admitted to breaching its AFSL obligations in areas such as failing to have an adequate number of experienced responsible managers and provided a court enforceable undertaking to ASIC.
Expanded product ranges fuelled by M&A will be critical for wealth and asset managers to compete in 2025, according to EY’s wealth and asset management leader Rita Da Silva.
Having sought shareholder approval in November, E&P Financial Group has formally delisted from the ASX after six years.
With more and more advisers setting up their own practices, recruitment firm people2people has shared how employers can successfully attract new hires and help their existing staff thrive in 2025.
Cromwell Property Group has completed the sale of its European business, enabling it to focus on the Australian and New Zealand market.
SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024, finding the year achieved “strong and consistent positive” returns.
The last year has seen a number of appointments and exits in the ETF space, particularly with C-suite roles.
As the year comes to an end, Money Management takes a look at the biggest announcements that shocked the financial advice industry in 2024.
The funds management space has seen a multitude of senior people moves throughout 2024, including several CEO appointments and exits.
