AMP’s wealth management business reported a $410 million profit for the 2015 financial year, as the company saw profits rise by 10 per cent....

Close to two-thirds of advisers who plan to step down over the coming decade have no succession plan in place, research reveals....

SMSF Association chief executive, Andrea Slattery, has pointed to the need for super policy certainty amid the current market volatility....

The Federal Government’s terms of reference to the Productivity Commission has opened the way for radical change to the default funds environment....

Macquarie Wealth Management hopes to capture the 80 per cent of Australians who do not access financial advice, with the launch of its OwnersAdvisory model....

NAB has announced the resignation of its group executive for finance and strategy and the appointment of its new CFO....

Increased financial choices is detrimental to a consumer’s investment decisions, according to financial advice fintech Capital Preferences....

KPMG is expanding its wealth management practice with the appointment of two senior directors to help challenges the sector is currently confronting....

Gold is re-emerging as an attractive commodity for investors looking to diversify their portfolio, according to BetaShares....

Deep penetration of the advice industry combined with the successful listing of its Global Equities Fund on the ASX, helped take Magellan to a new level....

A Sydney-sider is facing up to 20 years imprisonment, after being charged with dishonestly obtaining a financial advantage by deception in relation to SMSF property inves...

Amid continuing concern about China, Premium China Fund’s Jonathan Wu points to the importance of Hong Kong....

Trust in financial services has jumped among retail investors worldwide, with Australia contributing significantly to this boost....

Taxation Commissioner, Chris Jordan, has raised a red flag with respect to related party transactions and $200 audits....

Both ASIC and the Tax Practitoners Board have warned accountants of the potential high cost of not being licensed....

Shadow Minister for Financial Services, Dr Jim Chalmers, says the Labor Party will oppose governance changes on super boards, and reject the Government’s stance on choice...

Federal Treasurer, Scott Morrison, has confirmed substantial Budget changes to the superannuation tax regime with tighter targeting of concessions....

Perpetual has posted a strong profit after tax of $12.9 million in the face of low interest rates and increased market volatility....

Accenture launches specialised practice for banks and brokers to implement blockchain technology and distributed ledger solutions. ...

PIMCO’s Global Update delivers a brief but comprehensive review of the month’s market-moving events – across countries and asset classes – and PIMCO’s thoughts on what to...