Pendal Group’s funds under management have fallen by $13.9 billion in the June quarter due to fund redemptions driven by client caution and sustained market challenges....

A former financial adviser has developed a new tool for quicker and easier production of Statements of Advice using data optimisation, enabling advisers to see more clien...

ANZ is to acquire the banking business of Suncorp for $4.9 billion, at the same time as withdrawing from proposals to acquire accounting firm MYOB....

A former Sydney financial adviser has been sentenced to three years and two months imprisonment and fined $9,500 for acting dishonestly as a company director and stealing...

Negative market movements led to a 53% decline in quarterly net inflows for Praemium in the June quarter....

Market volatility means exchange traded funds will be lucky to retain the same volume of funds under management as 2021 as BetaShares revises down its forecast following ...

Australian equities funds with high responsible investment credentials have lost money for a second consecutive quarter thanks to the outperformance of energy stocks, acc...

New management has been appointed for the $7.7 billion AMP Capital Wholesale Office fund after investors rejected AMP’s plans and voted to change the management and trust...

Introducing end-to-end software solutions can reduce the cost of providing comprehensive financial advice from $5,335 to $2,918 according to DASH Technology Group....

Our mid-year outlook explores the challenges of asset allocation in this environment & where investors may find attractive longer-term opportunities....

Aviva Investors expects global growth to slow to a below-trend pace over the next 18 months but expects economies to rebound quickly given the absence of major imbalances...

Count Financial has announced the appointment of Moore Wealth Advisers as the latest firm to join its national advice community....

HUB24 has announced annual platform net inflows of $11.7 billion for FY22 while the number of advisers using the investment platform rose by 13.8%....

Munro has indicated the signposts it is watching before it goes back in the market again, with the Global Growth fund holding over 40% of its portfolio in cash....

Perpetual and Pendal have confirmed they are in discussion about a potential acquisition after Pendal rejected a bid earlier this year....

AMP’s chief executive, Alexis George, has reflected on the firm’s response to addressing the mental health concerns of its adviser network following controversial changes...

Complaints about inappropriate advice have more than halved in the last financial year, according to the Australian Financial Complaints Authority, while those about fail...

Treasurer Jim Chalmers has launched a review of the Reserve Bank of Australia to ensure it is the “world’s best central bank”. ...

An unregistered managed investment scheme operator in Western Australia has been charged with defrauding investors of $36.5 million in 50 counts of fraud....

About 90% of Australians believe end-of-life planning is important according to new research, but two-thirds have flagged challenges that are preventing them from taking ...