Adviser Ratings’ latest report has unearthed which two Australian states are servicing the highest number of clients and enjoying the largest funds under advice. ...

The $280 billion Australian Retirement Trust is the first superannuation fund off the block to report its performance for the 2023-24 financial year....

PGIM Private Alternatives has appointed a Sydney-based vice president for Asia-Pacific business development, joining from MLC Asset Management. ...

State Street Global Advisors has appointed a new executive vice president and chief operating officer to its leadership team....

Adviser Ratings has crowned the asset class which received the highest net flows and organic growth throughout last year, while all other categories saw modest net outflo...

ASIC says spot checks have “identified errors and inconsistencies” on the Financial Advisers Register and urged AFSLs to assess the accuracy of their records....

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The Financial Advice Association Australia’s Anne Palmer believes new entrants can no longer rely on large advice licensees for recruitment, leaving the obligation to sma...

An experienced financial adviser, who has been with AMP for nearly two decades, has launched his own Western Australia-based advice firm under AMP Advice’s licensee netwo...

Count has divested its Bentleys WA business for a lower purchase price than initially forecast....

Sequoia chief executive Garry Crole is looking ahead beyond business disruption as the licensee receives a verdict from the Takeovers Panel regarding whether there was un...

ETF provider BlackRock has acquired private markets data provider Preqin as it forecasts an US$8 billion total addressable market for data by 2030....

Technology company Iress has revealed the findings of its internal investigation following a cyber incident earlier this year which affected its OneVue business. ...

Infrastructure as a subset of the ETF market can offer Australian investors exciting growth prospects and promising returns, according to Global X’s Billy Leung. ...

The shift from active managers to ETFs is likely to persist, according to Morningstar, and active firms are unlikely to be able to regain the lost market share....

Demand for ETFs is only set to climb higher with over one-third of financial advisers planning to lift their ETF allocation in the next 12 months....

ASIC has suspended the AFSL of a Sydney advice firm, the first action it has taken in the new financial year....

Following the exit of Paul Greenwood to join GQG Partners, Pacific Current Group has appointed an acting chief executive....

HMC Capital has completed its acquisition of private credit fund manager Payton Capital as it seeks to take advantage of the burgeoning opportunity in the asset class....

Former Lonsec chief executive, Matt Olsen, has joined Morningstar as director of manager research ratings as it branches out to rate superannuation funds....