AWAG takes equity stake in Victorian advice firm

financial advice M&A regional Victoria

Four months after making its first equity partnership, the Australian Wealth Advisors Group has taken a second stake in a regional Victorian advice and accountancy firm.

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Schroders establishes new group executive committee

Schroders executive appointment

The UK-based global asset manager has formed a new group executive committee to accelerate its growth strategy following the commencement of its new CEO this month.

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PAC eyes accretive opportunities for long-term growth

Pacific Current Group GQG Partners funds under management

Pacific Current Group has used its AGM to detail its long-term growth plans after a period of multiple divestments and the progress of plans for a share buyback.

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Winners unveiled for Women in Finance Awards 2024

women in finance women in financial services awards gender equality gender diversity

Money Management and principal partner, Mortgage Choice, are proud to announce 30 winners for the annual Women in Finance Awards 2024.

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Financial adviser numbers swell by over a dozen

financial advice Wealth Data AFSL Colin Williams

The financial advice profession has lifted back above the 15,500 mark this week thanks to a double-digit net rise in adviser numbers, according to Wealth Data.

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Ambitious HNW advisers sharpen focus on alternatives

Alternatives HNW high net worth praemium financial advisers

High-net-worth advisers seeking to grow their businesses are likely to find alternatives to be a key part of the puzzle amid investor demand, according to Praemium’s head of private wealth.

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Morningstar appoints manager research director from TCorp

morningstar research research houses fund management

Research house Morningstar has welcomed a new director for manager research to cover Australian and New Zealand fund managers.

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The counterintuitive effect of ASIC’s reportable situations complexity

Joe Longo ASIC breach reporting licensees AICD

ASIC chair Joe Longo says the complexity of the reportable situations regime for AFSLs is impeding the ability of the regime to achieve its original aim of identifying non-compliant behaviour.

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Don’t let private credit hype override due diligence: Pitcher Partners

private capital private credit private debt Pitcher Partners

Pitcher Partners has urged caution about the use of private credit funds, despite a widespread push by fund managers on the benefits of the products.

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AFSL cyber security failures on ASIC’s radar in 2025

ASIC enforcement compliance AFSL Joe Longo

A closer watch on licensees that fall short on cyber security protections is among a dozen new enforcement priorities announced by the corporate regulator for 2025.

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MARKET INSIGHTS

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

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This verdict highlights something deeply wrong and rotten at the heart of the FSCP. We are witnessing a heavy-handed, op...

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