AustralianSuper and Australian Retirement Trust (ART) have shared their FY25-26 performance and what led to the investment returns. The two super funds are Australia’s largest superannuation funds ...
In the June exam cycle, there were 209 candidates sitting the exam which included 137 who were sitting for the first time. Out of these, 150 people passed which represents a pass mark of 71.7 per cent ...
The private wealth business of Perth-based Euroz Hartleys is to enter a strategic alliance with Canadian bank BMO Financial Group. BMO – which has US$1.5 trillion ($2.3 trillion) in assets under ...
While the last full week of this financial year proved a quiet one, a steep dive throughout June has secured a net loss for the Financial Adviser Register (FAR). The latest Padua Wealth Data analysis ...
Increased adviser scrutiny has magnified the importance for trust between the profession and fund managers, according to CoreData, with the cost of a misstep now much higher for both parties. The ...
Australian active fund managers are likely to remain under pressure from market share losses, fee compression and heightened competition, according to Morningstar, which said structural challenges ...
Four in 10 advice firms are relying on a single adviser, according to Business Health, creating potential problems around succession planning. The firm’s What If report, issued in June, said 41 per ...
For the first time in years, fixed income investors no longer have to choose between income and diversification, according to MFS Investment Management. After a decade of ultra-low interest rates and ...
ASIC has made a 10-year banning order on Melbourne adviser Brett Anthony Newbound and cancelled his AFSL after he faked client signatures on official documents. The Freedom Wealth Services Pty Ltd ...
Challenger has entered into a binding agreement to merge its multi-affiliate fund management business Fidante with Channel Capital. Under the agreement, active multi-affiliate manager Fidante will ...
Headquartered in Melbourne, Capstone has a network of 220 advisers across Australia to which it provides a comprehensive range of business support services such as technology, marketing and ...
The Reserve Bank of Australia (RBA) has left the official cash rate unchanged at 4.35 per cent, a move widely expected by economists and market commentators. This decision follows three consecutive ...
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