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. ...

After an adviser received a warning from the FSCP about their Record of Advice usage, when is the correct time for it to be used with clients?...

Former Australian Retirement Trust chief executive Bernard Reilly announced he was joining Perpetual this week – what other CEO moves has the industry seen since the star...

As financial advisers balance competing business priorities, Business Health identifies four methods to foster strong client relationships....

Financial advice practices with high profit margins charge annual client fees of $7,700 and keep their operational costs low, says Investment Trends’ Irene Guiamatsia....

Insignia reports a $185 million statutory net loss after tax in FY24 but sees revenue improve in its newly restructured advice division, thanks to higher value clients....

Centrepoint Alliance is optimistic of benefitting from licensee switching to grow organically and is set to boost funds under advice via a new investment platform in Octo...

ClearView has said it expects to completely exit wealth management by the third quarter of FY25....

A wide range of strategic priorities are set to fall under the corporate regulator’s enforcement spotlight in the next 12 months, including the risk management and data s...

The majority of financial advice practices enjoying revenue growth are putting this towards growing their adviser teams, according to new research....

The migration of the MLC platform to Expand caused disruption in platform flows for Insignia in FY24 as advisers “lost patience” with delays, while the firm flagged its r...

Prime Financial Group has announced its FY24 results in what proved to be an “inflection point” for the firm, with further M&A activity and growth in the alternatives mar...

Pacific Current noted FY24 was a “transformational year” as it made multiple divestments to create a lower cost structure for the business....