ASIC has highlighted examples of problematic marketing in managed funds and expects to make a series of regulatory outcomes in the next few months....

Nick Parsons has stepped down as chief executive of Bravura Solutions and will depart on 22 August....

Minister for financial services, Stephen Jones, has stated his commitment to affordable financial advice after meeting with Quality of Advice Review reviewer Michelle Lev...

Net assets per adviser in self-managed superannuation funds have more than doubled since 2019 as the adviser exodus means remaining firms are taking on more clients....

Diverger has submitted an indicative proposal to acquire Centrepoint Alliance....

Adviser exits have fallen for the second consecutive week, from nine exits to five, while 16 provisional advisers commenced....

Investors are keeping an eye on three factors in markets, writes Alexandra Cain, which could drive positive performance in 2022....

After 35 years, Money Management has published its final print edition. ...

The major associations have collectively thrown their weight behind a joint submission to the Quality of Advice Review, Liam Cormican writes, arguing for a more consumer-...

Research is finding that demand for advice is rising amid a world of rising interest rates and presenting opportunities for those who remain in the industry, writes Neil ...

ASIC has conducted a review into how superannuation funds communicated their performance test failures to members, revealing some may have risked misleading members....

While bargains are less obvious than in March 2020, there are still opportunities in markets for a well-diversified portfolio....

The prudential regulator is pushing for superannuation funds to merge to deliver member benefits but some are facing ‘consolidation indigestion’ in the process....

Magellan has exited its stake in restaurant chain Guzman y Gomez, selling its 11.6% stake for $140 million....

Treasurer Jim Chalmers has warned inflation in Australia “will be worse before it gets better”....

Companies looking to make acquisitions of financial advice firms are seeking those which have specialisations or a positive business culture rather than just a large clie...

Centrepoint Alliance has issued a response to the takeover bid by Diverger but believes the offer fails to fairly reflect the firm’s strategic value....

An Adelaide financial adviser has been charged with falsifying company books following an ASIC investigation....

ASIC has sought to freeze the assets of Ashley Vincent Arandez who is alleged to have obtained $2.5 million from investors by suggesting their funds would be invested in ...

AMP Ltd has appointed former J.P. Morgan Chase managing director, Andrew Best, to its board as a non-executive director....