Disciplined cost management on its transformation strategy has helped Iress to report an adjusted EBITDA of $67 million in the first half of 2024....

ASIC has cancelled the AFSL of a former national financial advice business after the CSLR was required to pay compensation for the firm’s actions....

The corporate regulator has taken down over 7,300 phishing and investment scam websites in the past year, with this area remaining a core strategic priority for ASIC....

Libertas Financial Planning saw its AFSL cancelled this month after the CSLR paid out compensation to a victim; details have been shared on the firm’s mistakes that led t...

The number of ceased advice licensees this financial year is nearly four times higher than the previous period, likely driven by M&A activity among new AFSLs, writes Weal...

JP Morgan Asset Management looked internally to appoint its global head of ETFs, who has spent nearly 20 years at the firm....

Following its launch of three active ETFs last November, Dimensional Fund Advisors has expanded its range of ETFs in the Australian market with an additional three produc...

An executive at the Institute of Public Accountants has suggested that a discussion around the need for gender quotas in financial services may now be warranted....

As investors and advisers increasingly seek out private markets investment, a Global X head explores whether the asset class will soon be accessible through an ETF struct...

The difference between a Record of Advice and Statement of Advice is the crux of the FSCP’s latest determination against a relevant provider. ...

A former strategy manager at suspended financial services business BBY has been sentenced for aiding and abetting dishonest conduct. ...

The platform race is “ours to lose”, says HUB24’s chief executive Andrew Alcock, as it reports a 62 per cent rise in annual platform net inflows in FY24. ...

A risk-averse nature by licensees to alternative funds is prompting advisers to opt to carry out the investment selection themselves....

With small financial advice firms vulnerable to key person risk, there can be a tangible monetary cost to a practice’s value if the owner dies suddenly. ...

Perpetual has appointed a new chief executive to replace Rob Adams, with the new appointment holding a background in leading change programs as the firm moves to complete...

While investors may be waiting for the right moment to jump back into bond investment, Vanguard and PIMCO warn they could be missing out on the rate peak and enjoying hig...

Hawkish expectations on the RBA has led T. Rowe Price to remain underweight on Australian bonds and overweight on cash....

Assets under management in private debt funds in Asia-Pacific (APAC) have risen sixfold over the past decade to stand at almost US$100 billion. ...

Channel Capital has launched a European private credit fund for Australian wholesale investors, managed by Goldman Sachs Asset Management....

Equity funds saw $2.2 billion in outflows during the first half of 2024, according to Calastone, despite reporting modest gains in the second quarter. ...