Praemium has said it is open to investing in artificial intelligence “in a big way” as it believes it can transform the business and details how it is already being used by the firm.
Research by Morningstar has found fixed income funds are bucking a general trend around managed fund fee dispersion with a smaller fee dispersion compared to equity ones.
Pinnacle Investment Management has announced it will acquire strategic interests in two international fund managers for $142 million.
The strategic partnership with Oaktree Capital and AZ NGA is likely to pave the way for overseas players looking to enter the Australian financial advice market, according to experts.
Increasing revenue per client is a strategic priority for over half of financial advice businesses, a new report has found, with documented processes being a key way to achieving this.
Centrepoint Alliance has hired a head of distribution for platforms and investment management as its new IconiQ platform goes live.
The education provider has encouraged all financial advisers to avoid a “last-minute scramble” in meeting education requirements prior to the 31 December 2025 deadline.
Metrics Credit Partners is expanding its private credit fund range with a managed fund for retail investors following investor demand.
Fiducian Group has appointed its next general manager of superannuation to lead its flagship super offering following the retirement of Ross Martin.
ASIC has cancelled a Sydney AFSL for failing to pay a $64,000 AFCA determination related to inappropriate advice, which then had to be paid by the CSLR.
