The firm has pleaded guilty to four counts of client money breaches, each carrying a maximum penalty of $45,000....

Research and ratings house Zenith Investment Partners has achieved what amounts to a reverse listing by acquiring publicly-listed Chant West Holdings....

MCR Partners has been banned from lodging complaints under the first invocation of rule 2.2, which excludes complainants represented or assisted by an agent receiving rem...

Stamp duty on life insurance is one of the most inefficient taxes in the economy and cost Australians $644 million in 2018/19, according to the Financial Services Council...

CountPlus member firm Twomeys has acquired client accounting-based services Cultiv8 Accounting. ...

Managed discretionary account provider Implemented Portfolios Limited has entered into agreement with adviser group Wealth Today to provide individual managed accounts. ...

The looming dividend cuts have stressed the danger for equity investors relying on dividend yields alone, according to First Sentier Investors....

The firm is reducing its management fees across 16 funds in October to ensure its fee levels are competitive....

Australians have much to gain from the Government keeping superannuation compulsory and plenty to lose if it does not, according to a new industry white paper....

Plaintiff law firm, Slater and Gordon has claimed AMP Limited has only itself to blame for exposure to class action lawsuits, not its financial planners....

With the cost of Commerce-related degrees rising by 28% the Association of Financial Advisers is pointing to additional impact on a planning industry already hit by advis...

The Government’s hardship early release superannuation scheme has “wiped out” the retirement balances of hundreds of thousands of Australians, according to Industry Super...

The regulator has imposed a new licence condition that will require the firm to record how it considers members’ best interests and members’ priority covenants when makin...

As we enter a new financial year, Money Management explores which sectors had the best performance during the full year 2019/20....

With turbulent markets in 2019/20, it was healthcare and technology stocks that led the best performance in the ASX 200....

As markets weathered the market crash caused by the COVID-19 pandemic, the ASX Small Ordinaries lost 6% during the financial year but performance by the utilities sector ...

Building resiliency in portfolios is key, with a focus on hedging the downside risk while also maintaining positive upside convexity, according to PIMCO....

Schroders has launched a private equity fund for Australian investors in a move that will see more private assets solutions locally....

The Australian real estate investment trust index lost 16.4% in the 12 months to 31 May, 2020, as people working from home due to the COVID-19 pandemic had a “profound im...

Endorphin Wealth Management has a launched a new managed discretionary account service in collaboration with Oreana Portfolio Advisory Services, Lifespan Financial Planni...