Mark McCabe has been charged for dishonestly obtaining over $940,000 from eight people, seven of whom were clients of his companies....

Wealth Data’s key adviser movements reported no net change of advisers in the week up to 16 March. ...

The Australian Financial Complaints Authority has addressed the Independent Review’s recommendations and pushed for greater internal dispute resolution....

Adrian Johnstone would succeed co-founder and former CEO Glenn Elliott, who will maintain his role on the Practifi board and an ownership stake....

The investment research portal has been appointed the mandated research provider and would commence a bespoke onboarding program for advisers across the InterPrac dealer ...

AMP will begin a comprehensive review of its business as it confirms a sale date for AMP Capital’s real estate and domestic infrastructure equity business after delays. ...

Stephen Jones has called on the Government to pass the Compensation Scheme of Last Resort bill this month, stating consumers have “waited long enough” for redress. ...

Global wealth manager Morgan Stanley Wealth Management has announced a partnership with ChatGPT creator OpenAI to create a bespoke model for its advisers....

Investment platform Pearler has announced an investment app for parents to invest on behalf of their children, aiming to build financial literacy....

Credit Suisse is set to be acquired by its local competitor amid ongoing fears over the bank's viability. ...

The complaints authority has shared a way that an advice firm can improve their chances of a case being ruled in their favour or of paying a significantly lower compensat...

A former director from New South Wales has been charged with dishonest conduct in relation to a financial product or service after obtaining $459k from clients for his ow...

Former RBA governor Robert Johnston, who held the post for seven years, has died this week....

Lonsec has integrated its Lonsec Investment Solutions business with Implemented Portfolios Limited’s managed account solutions to offer a broader suite of investment opti...

Maple-Brown Abbott has expanded its fund range with the launch of a global emerging market equity fund....

Whilst Western nations mitigate inflationary pressures, China’s economic recovery will underpin Asia ex-Japan growth, says fund manager Jonathan Wu....

The financial group’s cash at bank on settlement was expected to exceed $45 million in selling 80% of its equities clearing business to New Quantum....

Australia is among the best countries in the world to be protected from the fallout of the global banking crisis, according to Fidelity Australia’s head of investments, P...

Financial advice technology provider Asendium has announced a partnership with FYG Planners as a key supplier of advice software. ...

Nicholas Peach has been appointed APAC head of markets and investments for iShares and index investments at BlackRock....