Wealth Data founder Colin Williams believes legislative changes mean there is ‘no excuse’ for further financial adviser declines as the number of new entrants struggle to make up the shortfall.

BT’s latest research has identified the top 10 most important attributes for financial advisers when selecting a platform provider.

Ethical fund manager, Ethical Partners, is understood to have closed up shop after six years in business.

Iress is expecting a 50 per cent EBITDA rise for the first half of the 2024 calendar year compared to the prior corresponding period, as it enters the final stages of its transformation program.

ASIC has secured travel restraint orders against a financial adviser while he is the subject of an investigation into alleged financial misconduct.

Macroeconomic concerns and the upcoming US election have caused fund managers to turn pessimistic on global economic growth, according to Bank of America.

Janus Henderson has been awarded a $285 million mandate from MLC Asset Management to manage emerging market equities.

Asset manager Nuveen has promoted Saira Malik, who has worked at the firm for more than 20 years, as head of equities and fixed income.

Insignia has announced it has completed the separation of Rhombus Advisory but flagged it needs to increase its remediation provision by an estimated $135 million relating to legacy advice and product compliance issues.

Mergers and acquisitions in the Australian financial services industry are expected to continue surging, with M&A leaders looking to double the number of deals they are pursuing.