News

Released today, HUB24's annual results show the platform had $19.8 billion in inflows over the year, $4 billion of which came from large migrations. In the year, $5.3 billion was migrated from Equity ...
HMC Capital has reported a 47% increase to assets under management (AUM) in FY25 to $18.7 billion. HMC said FY25 marked a record financial performance for the group with pre-tax operating earnings of ...
Challenger's Fidante Partners lost $11.4 billion in institutional client money in the last financial year with the majority of it exiting fixed income investments.
Ares Management has launched the Ares Core Infrastructure Fund (AUT), an Australian-domiciled unit trust designed to provide wholesale and advised retail clients access to Ares Core Infrastructure ...
Targets around the use of artificial intelligence (AI) will be baked into the performance plans of every staff member at the centralised investment manager.
A Gold Coast-based financial adviser has been banned for four years for failing to act in clients' best interests by pushing them to invest in the Global Capital Property Fund (GCPF) and Pivotal ...
ASIC is warning life insurers to do better when it comes to their direct sales practices that have placed doubt on their compliance obligations and put consumer outcomes at risk.
Australian Retirement Trust chair Andrew Fraser intends to retire at the Annual Member Meeting on November 20, at which point a successor will be named.
Voting for Australia's most influential financial advisers in the 2025 Financial Standard Power50 is now open.
Aberdeen Investments is shutting down three funds due to declining investor demand, which has seen the funds diminish in size.
Iress is ramping up its succession plans to replace managing director and chief executive Marcus Price while in the thick of takeover talks with Blackstone and Thoma Bravo.
Commonwealth Superannuation Corporation (CSC) has welcomed a chief risk and compliance officer, hiring from Equity Trustees.