New research has found that women want to support and be supported by other women when it comes to their finances, emphasising the importance of diversity in financial advice.

A new report evaluating advisers’ attitudes and use of managed accounts has highlighted its sustained popularity, with ETFs among the most popular products in these portfolios.

The fund manager has launched a new service with a range of tools, content, and information to support financial advisers and planners with business growth and client servicing.

The cloud-based technology platform for advisers has ramped up local operations, hiring two business development managers to drive its ongoing expansion.

There is an estimated $3.7 trillion opportunity for the big four banks to return to wealth management and with the Quality of Advice Review focusing on digital advice, the temptation could be too big for banks to resist.

AFA national president Sam Perera has announced he will not be joining the board of the newly-formed Financial Advice Association Australia.

The consultation paper on doubling the concessional tax rate for superannuation balances exceeding $3 million would take feedback from stakeholders until mid-April.

Sydney-based wealth manager Sarto Advisory has launched its own online investing solution with OpenInvest to help younger investors.

GCM Grosvenor has opened an office in Sydney and appointed Andy Lukas as managing director of its Australia and New Zealand operations.

AMP has updated shareholders on its portfolio simplification program, stating negative short-term profit impacts from strategic decisions around banks and platforms will benefit the long-term business.