A former director and CEO has pled guilty to two counts of engaging in dishonest conduct, with two further offences under consideration, for cheating investors of nearly ...

Fund manager Pengana Capital Group paid zero performance fees in the first half of the financial year despite positive performance, a “highly unusual” position for the fi...

The asset manager has posted a 55% decline in net profit after tax as a result of costs associated with the Pendal acquisition....

Diverger has added 160 self-licensed advice firms in the first half of 2022/23 as it targets achieving net revenue of $45 million in FY25....

Clime Capital has indicated it could take up new M&A opportunities this year as the firm opts to hold onto cash rather than pay an interim dividend....

ASIC staff need to consider if they are taking on enough risk in choosing cases to litigate, according to chair Joe Longo, prompting a Senate committee to ask if it shoul...

Growth in micro-AFSLs has taken a hit to the largest players with Insignia and AMP both seeing a drop in their market share as a result....

The major bank has revised its monetary policy expectations off the back of the Reserve Bank's hawkish rhetoric....

The firm noted an 8% rise in reported revenue along with growth of 13% in Count Financial advisers in the first half of the 2023 financial year....

The prudential regulator has opted to maintain its macroprudential settings, citing a “high degree of uncertainty” in the economic outlook. ...

Despite exchange traded funds’ (ETFs) increasing popularity amongst retail investors, assets witnessed slower growth compared to 2021, growing 4.9% in 2022....

The investment platform has issued its first financial results update following the sale of its international business. ...

With over 95% of both FPA and AFA members voting in favour, the proposed merger of the entities into the Financial Advice Association of Australia (FAA) has been confirme...

The Government has moved to raise the concessional tax rate for superannuation balances exceeding $3 million from 15% to 30%, which has received mixed feedback from indus...

Creating a charitable arm to your firm expands the ways you can support everyday Australians, shares this adviser. ...

Homeownership is no longer the predominant metric of wealth in Australia, according to new research from financial services giant AMP....

Fraser Herd, former managing director of employed advice at AMP, has been appointed distribution manager at Pengana for the NSW region....

The “green superpower” has benefited from a surge in demand from ESG investors, despite continued concerns over the country’s social and governance practices. ...

The latest monthly inflation and GDP figures have surprised markets with weaker than expected growth. ...

Investors in Australia witnessed record dividend payouts in the past year, largely from the mining and banking sector, according to the Janus Henderson Global Dividend In...