A new report has forecast how adviser numbers would look in five years’ time and the rate of expected annual growth.
Insignia Financial has proposed slashing staff redundancy pay arrangements by 58 weeks, potentially making it one of the lowest in the industry.
Following a strategic review, Platinum has announced it will merge its two listed investment companies with two of its quoted managed hedge funds.
Financial advisory group Providence Wealth South Australia has promoted its co-founder to the role of director to help steer the future direction of the business.
Maple-Brown Abbott has finalised an agreement to be acquired by a rival fund manager to create a firm with $18.6 billion in assets under management, just two months after its former CEO exited to lead Magellan.
Perpetual has seen another difficult quarter for its asset management division, reporting its largest quarterly outflows for FY24.
The FAAA’s Phil Anderson has written an open letter calling for a public inquiry to uncover why the case of Dixon Advisory has been so closely guarded given the high volume of losses and effect on the financial advice sector.
Sequoia Financial Group has confirmed chief executive Garry Crole will remain at the firm until June 2026 but will work on a succession plan for his replacement.
Proactive compliance risk management has become both a “regulatory necessity” and a “cornerstone of ethical excellence” for financial advice licensees, this compliance professional argues.
Four individuals face a $1 million fine after being charged with alleged market manipulation regarding a “pump and dump” scheme.
