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Insignia is fast becoming the licensee to feel the biggest brunt of adviser departures, losing 24 this week and over 100 in the past calendar year, which is three times t...

Count has made a significant acquisition of a wealth and financial planning licensee in a deal that will create a combined business with funds under administration and ma...

National Australia Bank has been ordered to pay $2.1 million by the Federal Court, the maximum penalty possible for a single breach of unconscionable conduct....

A Perth adviser who stole over $1 million from his clients has received a jail sentence in Perth District Court today, with the judge reprimanding his lack of remorse for...

A former ASIC veteran who spent 25 years at the corporate regulator has been appointed to a senior chair role by the Albanese government....

The fintech has appointed an interim wealth CEO to succeed Harry Mitchell, who takes on additional responsibilities in the UK, and has flagged superannuation as a growth ...

As Josh Frydenberg is promoted to chair of Goldman Sachs Australia, Money Management explores where four former treasurers are now and how they made the move from politic...

The planned acquisition of Diverger by Count will create the third-largest licensee in Australia, behind Insignia and AMP....

Markets have seen companies operating in the same sector produce very different results this past financial year, proving it’s time for active managers to shine in bottom...

Betashares has made five senior promotions in its ETF distribution teams, in both its institutional and adviser divisions....

Reflecting on the findings of the Responsible Investment Benchmark Report 2023, these executives foresee unlisted and private markets driving the green transition as ther...

After seeing dwindling numbers of advisers and losing a Federal court case regarding an unpaid AFCA determination, NextGen Financial Group is to be wound up....

ASIC has warned licensees they could face regulatory action if they fail to remediate customers in a timely manner as it reviews licensees' handling of RG 277 in its firs...

Two-thirds of Australians believe Philip Lowe should delay any moves into the private sector now his term at the Reserve Bank of Australia is over....

The fund manager has bolstered its senior leadership team, welcoming a Martin Currie veteran into the fold to lead its global distribution strategy. ...

Emerging markets have announced ambitious net-zero targets in keeping with their global peers, but investment managers observe a balancing act between these commitments a...

In a new report, Russell Investments has broken down the three types of financial advisers when it comes to financial decision making, disseminating knowledge and advocat...

Money Management crunches the numbers on ASIC’s data on Australian financial services licence approvals and how it compares over the last three years....

Colonial First State has appointed a new group chief executive following a global search. ...

A Melbourne financial adviser permanently banned by ASIC earlier this year is facing a maximum penalty of 20 years’ jail for obtaining financial advantage by deception, a...

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months 3 weeks ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 4 weeks ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

8 months ago

The RBA has handed down its much-anticipated rate decision, following widespread expectations of a close call....

2 weeks 5 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 weeks 3 days ago

The Federal Court has made interim travel restraint orders against two Falcon Capital directors, while also freezing one director’s assets....

3 weeks 4 days ago