Challenger repositioned its investment portfolio during the pandemic which included holding higher levels of cash and liquid assets and enhanced its business risk setting...

The corporate regulator found responsible entities handled the challenges of illiquid asset valuation during the early stages of the COVID-19 pandemic well, but there are...

As only a fraction of the population receives financial advice, overcoming media perception is the most challenging factor in building trust with the broader community, a...

The opposition has said the Government’s financial reforms have caused uncertainty and unnecessary costs for thousands of financial advisers....

Employing younger advisers can provide a pathway for succession planning as well as help firms fill gaps left by older advisers exiting the industry....

The corporate regulator has revealed how much it has spent on its unmet advice needs project and that it does not intend to release the 466 submissions to its access to a...

The buyback compared to one of $2.5 billion by NAB and $1.5 billion by ANZ as the firm announced net profit after tax of $8.8 billion....

Farhan Faruqui will move from leading the international business to replace Shane Buggle who will retire from the position in October....

Iress has been approached a third time by EQT Fund Management to acquire all its shares and its board intends to recommend that shareholders vote in favour of the proposa...

The temporary measures that allowed companies and their officers to only be liable for civil penalty proceedings where they acted with “knowledge, recklessness or neglige...

Infrastructure as an asset class has a potential to outperform the MSCI World ex Australia by three percentage points per annum for the next three years, according to Van...

The Antipodes Global Investment Company has become the latest listed investment company to seek to exit the structure as it has been trading at a discount to its net tang...

Advisers have no obligation to help their clients find a new adviser if they lose their qualification because they did not pass the Financial Adviser Standards and Ethics...

AMP’s wealth management arm has seen a decrease in its net profit after tax thanks to the impact of advice practice impairments, pricing and legislative changes....

The education authority is sitting on several questions on notice by senators regarding exam feedback, support for financial advisers, and pathways into the profession....

Commonwealth Bank costs related to aligned advice remediation have surpassed $1 billion while it has increased Count remediation for a second time in less than six months...

Advisers looking to sell their business as they exit the industry are likely to have to sell at a lower price than they expected because of the uncertain environment....

Interim chief executive Anthony Wamsteker will be made permanent, with a $600,000 base salary and up to a 50% performance bonus....

Jacaranda Financial Planning, a Sydney and Melbourne-based boutique wealth advisory firm with almost $1 billion in funds under advice, has been acquired by Perpetual....

RIAA board member and former HESTA senior responsible investment adviser, Daniela Jaramillo, has been appointed to the newly-created role....