Former Iress chief executive, Andrew Walsh, has been promoted to chair of a boutique Sydney advisory firm, having stepped down from the same position at Mason Stevens....

The Compensation Scheme of Last Resort has released the FY26 revised levy estimate, but the FAAA is concerned costs will be pushed into the following year....

Magellan has closed out the financial year with funds under management approaching $40 billion and outlined its estimated performance fees....

Disgraced adviser Joshua Fuoco described himself as the “biggest monkey” at AFSL Group and provided financial advice via WhatsApp, all while being banned for 10 years, co...

From multiple fund launches and personnel changes to major outflows and a scrapped deal, Money Management has collated the most significant news in the funds management i...

Two active fund managers have outshone rivals to report double-digit share price growth of more than 40 per cent for FY25, but another has lost more than 50 per cent. ...

Financial year losses of limited advice advisers could mean the sector is “dead in the water” going forward after a continuous decline. ...

ASIC has permanently banned a financial adviser after he allegedly concealed information from clients and misused client funds, among other breaches....

Insignia Financial has completed its transition of a range of administration and technology functions to SS&C Technologies as it seeks to be a leading wealth manager by 2...

Prime Value Asset Management has launched a retail fund investing in microcap companies, a new version of its existing wholesale offering....

Two national advice businesses have merged to form a leading holistic advice business with $2.5 billion in funds under management....

Platinum Asset Management has entered into binding terms for a merger with L1 Capital with the firm to be renamed upon completion...

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

A specialist ETF provider is seeking to become “the new Betashares” with its active ETFs, thanks to its use of algorithms to achieve outperformance....

ETF investors would be wise to consider global or European exposure for their equity ETF allocations, according to AXA IM, with US government action expected to hit both ...

With share price growth of 45 per cent for FY25, Australian Ethical has shared why it believes the firm has done so well compared to its active peers....

BlackRock has announced its plan to acquire real estate investment firm ElmTree Funds which will be integrated into its new private financing solutions business. ...

Coastal Advice Group chief executive, Daniel Brown, has said the firm has no intention of slowing down, with plans to do as many as 15 acquisitions in the next 12 months....

A former licensee director, who failed to report an adviser’s fee-for-no-service conduct, has been banned for three years by ASIC. ...

Stockbrokers and Investment Advisers Association chief executive, Judith Fox, is set to retire at the end of this year. ...