Risk advisers and other intermediaries have received a poor consumer satisfaction rating in the latest Roy Morgan research suggesting clients are happier going direct....

Regulatory reporting specialist, AxiomSL has recruited former Macquarie Bank executive, Andrew Wood as its new Australia country head....

Northern Trust has acquired the Luxembourg and Swiss fund administration servicing units of UBS Asset Management....

Insurance claims manager and third party administrator, inTrust has appointed Diego Ascani as its new chief investment officer....

Specialist firm, knowIt has grown its specialist team focusing on wealth and self-managed superannuation funds....

Money Management has opened nominations for its Business Development of the Year award as part of its annual Fund Manager of the Year awards....

Islamic superannuation fund, Crescent Wealth has appointed an industry veteran as consulting CIO....

Optimo Financial has today announced that it would overhaul its superannuation software in response to legislated changes in the super sector....

Technology provider, IRESS has posted solid results on the back of past investments....

Suncorp’s Vero Insurance New Zealand has acquired 11.14 per cent of Tower Limited, and has sent a non-binding proposal to acquire 100 per cent....

Despite suggestions to the contrary, Australia’s major superannuation funds direct more than half their allocations towards equities....

Financial advisers must conduct the difficult and personal discussions around longevity risk with clients while ensuring they incorporate the risk into retirement plannin...

The superannuation concessional contribution cap for people over 50 should be reinstated, according to the IPA....

The Australian Competition and Consumer Commission has declared that capping commissions helps insurers more than anyone else and may lead to collusion....

Financial services technology provider, Praemium has terminated its CEO, Michael Ohanessian seeking a new CEO with a different skill set....

A new survey from Midwinter and Jenesis revealed nearly half of advisers were afraid of the professional repercussions of engagement with social media....

The introduction of CIPR could provide a strategic benefit for industry funds but only if they invested rigorously in product design....

The Australian Securities and Investments Commission has issued 350 hours of community service to a Sydney-based man for dishonest conduct....

IOOF has launched an online adviser hub that showcases multi-manager investment solutions, provides education, and tools to help advisers manage clients....

Perpetual has delivered a solid half-year result with all divisions making positive contributions....