Funds under management at Magellan have fallen from $68.6 billion to $65 billion in May, a monthly loss of more than double April’s figure....

VGI Partners Global Investments Limited has announced the completion of the merger between VGI Partners Limited and Regal Funds Management....

The Australian Securities and Investments Commission has released its latest cost recovery implementation statement for 2021/22, providing an estimated levy for financial...

Perpetual Asset Management has launched a global active exchange traded managed fund, its third since last November....

Collaborative action to drive transformation must be taken to enable financial advice to be more cost-effective and accessible, according to a documentary by HUB24 and XY...

Clients are still going to need to meet the work test if they want to claim a deduction for a personal contribution despite the removal of the work test for voluntary con...

Future Royal Commissions should consider the mental health impact of regulatory change and upheaval as the human impact on participants has been lost, according to a clin...

GQG has recovered assets lost in April this month with funds under management rising by 4.6%....

The corporate regulator has made its first conviction of an individual for using social media to co-ordinate a ‘pump and dump’ scheme of listed stocks. ...

Spaceship Capital chairman Paul Dortkamp has been banned by ASIC for a “fundamental oversight” related to his responsibilities, less than six months after its former CEO ...

The Reserve Bank of Australia has surprised the market with a 50 basis point hike to 0.85%, its second consecutive rise. ...

Apostle Funds Management has hired Eric Chu as its chief operating officer, a newly-created role for the firm....

Count Financial has added Midwinter financial advice software to its technology menu, targeting increased choice and flexibility for the adviser network....

Further changes to life insurance commission caps could see up to 87% of financial advisers stop providing standalone risk insurance advice, according to ClearView resear...

There is a new shadow minister for financial services in the Opposition while Jane Hume will take on a new role of shadow finance minister....

The Financial Planning Association of Australia is “very, very hopeful” that it will be able to achieve success in the Quality of Advice review by making a joint submissi...

The Reserve Bank of Australia’s decision to hike the cash rate by 0.5% to 0.85% shows the board has clearly recognised they are "well behind the curve", according to mark...

Financial advice and technology services firm Padua Solutions has appointed Rudy Haddad to the newly-created role of head of technical advice....

Investors should be tilting portfolios towards defensive asset cash and inflation-linked securities, says Pendal’s Michael Blayney....

Insignia Financial has combined the management of diversified multi-asset strategies and separated out all directly-managed single asset class strategies while MLC chief ...