Insignia is fast becoming the licensee to feel the biggest brunt of adviser departures, losing 24 this week and over 100 in the past calendar year, which is three times that of rival AMP, according to Wealth Data.

ASIC has shared how many Australian financial services licences were granted and rejected by the corporate regulator in the 2022-2023 financial year.

TelstraSuper, Aware Super, Australian Retirement Trust, HESTA, and UniSuper are some of the prominent super funds that have qualified as finalists this year.

Having joined the investment bank last July, former Treasurer Josh Frydenberg has been promoted to a senior role on the board of its Australian division.

Praemium chief strategy officer Denis Orrock has shared with Money Management how advisers can work with high-net-worth investors as a new report finds 45,000 people have entered the $2.5 million–$5 million bracket.

With just days until the previous scheduled date of 1 October, ASIC has once again delayed the date that relevant providers must be registered.

The law “should not continue to assume that financial advice is being given by a person”, according to Michelle Levy, as she hints that advice from superannuation funds could be given by a digital advice tool.

The latest annual RIAA report has found concerns or mistrust around greenwashing by investment managers almost tripled this year, with 62 per cent citing it as a deterrent to responsible investment growth.

The Federal Court has approved Commonwealth Bank’s $50 million settlement in the consumer credit insurance class action.

Two new reports from CFS and Challenger have highlighted the benefits consumers gain from seeking advice as over half of those aged 50 and over fear outliving their savings amid the cost-of-living crisis.