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Australian Wealth Management Awards reveal finalists for 2025

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The finalists for the 2025 Australian Wealth Management Awards have been revealed, shining a spotlight on the top performers and rising stars across the nation’s wealth sector.

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Magellan approaches $40bn, but performance fees decline

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Magellan has closed out the financial year with funds under management approaching $40 billion and outlined its estimated performance fees.

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Former Iress CEO steps up as advice firm chair

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Former Iress chief executive, Andrew Walsh, has been promoted to chair of a boutique Sydney advisory firm, having stepped down from the same position at Mason Stevens.

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ASIC releases latest exam results

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Results are out for the latest sitting of the ASIC financial advice exam, with the pass rate falling for the second consecutive sitting.

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EOFY brings ‘bloodbath’ of adviser losses

Wealth-Data/financial-advice/adviser-exits/

Adviser losses for the end of June have come in 143 per cent higher than the same period last year, and bring the total June loss to over 350.

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First Sentier CEO to step down

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First Sentier Investors chief executive, Mark Steinberg, is set to depart the asset manager after seven years.

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AMP sued by Dexus over property disposal

amp/Dexus/court/real-estate/property/

AMP has announced to the ASX that it is being sued by property fund manager Dexus regarding the sale of its real estate and domestic infrastructure equity business.

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Metrics progresses consumer lending expansion with 2 acquisitions

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Metrics Credit Partners has completed the acquisition of Taurus Finance Group and BC Investment Group as it looks to launch consumer lending arm Navalo.

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Relative Return Insider: Market volatility fails to dent super fund performance

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In this week’s episode of Relative Return Insider, hosts Maja Garaca Djurdjevic and Keith Ford break down the fl

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Former Qld adviser receives 10-year ban

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ASIC’s enforcement action is having an active start to the new financial year, banning a former Queensland financial adviser for 10 years in relation to fees for no service conduct.

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