Investors should look beyond underlying profit results on company annual reports to gauge performance and avoid being misled, William Buck said....

The FSC is backing further fund consolidation, arguing fewer, larger funds will drive down fees....

The Financial Services Council has claimed that some unions are blocking superannuation fund mergers to protect the revenue they derive from seats on industry fund boards...

Australian Unity is continuing to strengthen its Diversified Property Fund (DPF) with the purchase of a corporate office and warehouse facility in Melbourne....

ING Direct announces the promotion of Tim Hewson to head up an aggressive shift towards engaging more brokers and financial advisers....

South Australian super fund Statewide has appointed Richard Nunn as its chief executive after its former CEO resigned in May....

Research house, Lonsec Fiscal, is aiming to boost advisers’ portfolio construction capabilities, and ease post-FOFA regulatory and administration pressures, with the laun...

Risk advice specialist, MediBroker, has joined the Bombora Advice group as a principal practice....

Parliamentary committee warned that Australian family offices will look to invest offshore in the face of threats to their tax confidentiality....

New superannuation report makes clear that while advice is central to super, conflicts of interest must be disclosed....

ASIC has announced the banning of another Commonwealth Financial Planning authorised representative, this time for eight years....

Lazard Asset Management launches Lazard European Alternative fund, which will be managed out of London and is UCITS compliant. ...

Endeavour Securities has signed up its Endeavour Superannuation fund to a white label arrangement with OneVue. ...

Findex recruits Macquarie Bank staffer, Patrick Dieter, for newly-created position of head of risk and corporate benefits....

Mercer appoints former Telstra executive to Mercer Superannuation board as an independent non-executive director....

Morningstar recruits JP Morgan’s Carolyn Holmes as director of equity research for Australia and New Zealand....

Peter Harmer will succeed Mike Wilkins as managing director and chief executive of Insurance Australian Group, next month....

Legg Mason’s real income fund has been added to AMP’s income model portfolio to provide a robust solution in the property sector....

The regulatory restrictions lifted through Trans-Pacific Partnership will help streamline processes and transparency for licensing of financial services firms, according ...

Taxpayers spent more than $120,000 ferrying ASIC chairman, Greg Medcraft, and his staff to international events in the 2015 financial year....