The Financial Advice Association Australia (FAAA) has obtained Compensation Scheme of Last Resort (CSLR) documents under the Freedom of Information (FOI) process. According to the industry body, the ...

Perth financial advice firm Wealth Management Partners (WMP) has merged with global financial services firm Gallagher. The two firms said this will enhance its service offering on the west coast, ...

Bennelong Funds Management has announced its first responsible entity service client, having flagged it as a 2025 priority for the firm. This will be Paragon IM, and Bennelong FM will be the ...

There has been a shake-up of the top ETF providers as three firms report net inflow increase of more than 100 per cent during 2024. According to the annual review by Betashares, it said the firm had ...

The majority of advisers focused on high-net-worth (HNW) clients view alternatives as fundamental to meeting client demands, according to Praemium. The research, released by Praemium and research ...

Consultancy Oliver Wyman believes asset managers will be reluctant to expand overseas in 2025 as high distribution costs blow out any potential benefits. In its report, 10 Asset Management Trends for ...

As Magellan Financial Group continues its search for a permanent chief financial officer, it has looked internally for an interim replacement. In an ASX announcement last November, Magellan confirmed ...

The use of technology and data analytics will be a way for successful advice firms to grow in 2025, according to Adviser Ratings. Referencing findings in its 2024 Adviser Landscape report, it said ...

Original bidder Bain Capital has returned with a revised bid for Insignia Financial, matching the offer from CC Capital. The private equity firm, which first bid $4 per share, has now made an updated ...

SuperRatings has shared the median estimated return for balanced superannuation funds for the calendar year 2024. This found the median balanced fund is expected to return 11.5 per cent in 2024, with ...

Sequoia Financial Group has flagged a major rebranding of its two financial news sites, following court proceedings launched last year. The firm will be commencing a significant refresh of its ...

The number of members expelled from the Australian Financial Complaints Authority (AFCA) almost doubled between 2023 and 2024, according to internal data. AFCA data released in December 2024 found 859 ...